Question
In the absence of partnership deed the profits of a firm are divided among the partners: (a) In the ratio of capital (b) Equity (c)
In the absence of partnership deed the profits of a firm are divided among the partners:
(a) In the ratio of capital
(b) Equity
(c) In the ratio of time devoted for the firms business
(d) According to the managerial abilities of the partners
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Accounting Tools for business decision making
Authors: kimmel, weygandt, kieso
4th Edition
978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461
