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Jack and Jane run a craft shop as a partnership. During the year Jack incurred an unusual amount of personal expenses in relation to his

Jack and Jane run a craft shop as a partnership. During the year Jack incurred an unusual amount of personal expenses in relation to his family and felt that his share of the partnership profit for the year would not cover these costs. Jack approached Jane to see if he can get any extra cash out of the business just for the current year to cover the shortfall in his personal finances. What options are there for Jack to receive extra cash and what are some of the future implications of this?

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