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Please Help me with this. Create a partnership contract or articles of co-partnership (include the manner on how profit or loss is allocated to partners)
Please Help me with this.
- Create a partnership contract or articles of co-partnership (include the manner on how profit or loss is allocated to partners)
- Assuming the partnership has its 1st year's operation data, prepare the following:
- partnership's income statement
- schedule showing allocation of profits
- prepare schedule of changes in partners' equity
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