Question: Please I need them for tonight.. Multiple Choice Question 137 When admitting a new partner by investment, a bonus to old partners is allocated on

Please I need them for tonight..  Please I need them for tonight.. Multiple Choice Question 137 When
admitting a new partner by investment, a bonus to old partners is

Multiple Choice Question 137 When admitting a new partner by investment, a bonus to old partners is allocated on the basis of the original investment of the old partners. the basis of income ratios before the admission of the new partner. a seniority basis. the basis of capital balances. Multiple Choice Question 153 Which of the following statements is correct? Neither salaries to partners nor interest on partners' capital are expenses of the partnership. Salaries to partners and interest on partners' capital are expenses of the partnership. Interest on partners' capital is an expense of the partnership but not salaries to partners. Salaries to partners are expenses of the partnership but not interest on partners' capital

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