Question
1. In computing the net income of a partnership, expenses include operating expenses and a. partners loan interest and partners salaries. b. partners loan interest
1. In computing the net income of a partnership, expenses include operating expenses and
a. partners loan interest and partners salaries.
b. partners loan interest but not partners salaries.
c. partners salaries but not partners loan interest.
d. no items related to partners.
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Monitoring And Auditing Practices For Effective Compliance
Authors: John E. Steiner
2nd Edition
0977843017, 978-0977843015
