Question
PARTNERSHIP INCOME DISTRIBUTION: Partnership A has three partners A, B and C. If the total total partners salary allowances are 300,000, and Partner As salary
PARTNERSHIP INCOME DISTRIBUTION: Partnership A has three partners A, B and C. If the total total partners salary allowances are 300,000, and Partner As salary allowance is 50,000 and Partner Bs salary allowance is 100,000, how much is Partner Cs salary allowance?
| a. 300,000 | ||
| b. 150,000 | ||
| c. 100,000 | ||
| d. 50,000 | ||
| e. None of the above |
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New Perspectives In Accounting Ethics
Authors: Emerald Group Publishing Limited
23rd Edition
1785608673, 9781785608674
