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after finishing your bsc at the university you have decided to enter into a partnership business with two relatives. your relatives are not informed s

after finishing your bsc at the university you have decided to enter into a partnership business with two relatives. your relatives are not informed s you are about the rudiments of doing business as partners. explain to them how the following items should be treated in the absence of a formal partnership agreement. contribution of capital, interest on capital and salaries, interest on drawings, interest on loans and share of profit and loss

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