A. 1. 'Partners' advances and capital both represent money contributed to the partnership by the partners and are accounted for in the same way. Therefore the accounting treatment for the interest paid on advance and capital should be the same'. Make three comments about this statement. 3 Marks 2. When making a decision to establish and operate a business as either a partnership or a company list and discuss 2 key factors or differences that might influence the decision 2 Marks A. 1. 'Partners' advances and capital both represent money contributed to the partnership by the partners and are accounted for in the same way. Therefore the accounting treatment for the interest paid on advance and capital should be the same'. Make three comments about this statement. 3 Marks 2. When making a decision to establish and operate a business as either a partnership or a company list and discuss 2 key factors or differences that might influence the decision 2 Marks