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How can partnership profits be distributed? If you and twofriends were to organize a...

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Accounting

How can partnership profits be distributed? If you and twofriends were to organize a partnership, how would you want yourprofits to be distributed? Explain.

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Partnership is the result of an agreement between two or more persons who voluntarily agree to pool the resources to do a lawful business and to share profits and losses there from an agreed proportion All partnerships are formed out of an agreement between the partners The agreement may be    See Answer
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In: AccountingHow can partnership profits be distributed? If you and twofriends were to organize a partnership,...How can partnership profits be distributed? If you and twofriends were to organize a partnership, how would you want yourprofits to be distributed? Explain.

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