Which one or more of the following are charges (rather than appropriation) of profit among partners (a) Salary payable to a partner (b) Rent payable to a partner (c) Interest payable to a partner on any loan received by the partnership (d) Interest allowed on partners capital account balances a c d...

Which one or more of the following are charges (rather than appropriation) of profit among partners? (a)

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Which one or more of the following are charges (rather than appropriation) of profit among partners?

(a) Salary payable to a partner

(b) Rent payable to a partner

(d) Interest allowed on partners’ capital account balances

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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Question Posted: Aug 29, 2023 10:24 AM

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Which one or more of the following are charges (rather than appropriation) of profit among partners? (a)

Question:

a c& d bb&c ca & b da & c

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b b Rent payable to ...View the full answer

Financial Accounting An Introduction

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