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Practice Question 20 Which of the following statements is correct? O Neither salaries to partners nor interest on partners' capital are expenses of the partnership.

Practice Question 20 Which of the following statements is correct? O Neither salaries to partners nor interest on partners' capital are expenses of the partnership. O Interest on partners' capital are expenses of the partnership but not salaries to partners. OSalaries to partners are expenses of the partnership but not interest on partners' capital. OSalaries to partners and interest on partners' capital are expenses of the partnership

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