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If there is no written agreement as to the way income will be divided among partners Question 19 options: they will share income and losses
If there is no written agreement as to the way income will be divided among partners Question 19 options: they will share income and losses equally they will share income and losses according to their capital balances they will share income and losses according to the time devoted to the business. there really is no partnership agreement
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
