Explain why a salary paid to a partner is not included in the profit and loss account
Question:
Explain why a salary paid to a partner is not included in the profit and loss account along with all the other salaries paid to staff employed by the business.
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Partners like all owners of businesses ea...View the full answer
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Related Book For 
Cambridge International As And A Level Accounting Revision Guide
ISBN: 9781444192001
1st Edition
Authors: Ian Harrison, Michael Hillman
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