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Which method of allocating profits and losses is based on a percentage of initial investment by the partners? A. Salary allowance B. Salary expense C. Profit and loss ratio D. I…

Which method of allocating profits and losses is based on a percentage of initial investment by the partners? A. Salary allowance B. Salary expense C. Profit and loss ratio D. I…
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Which method of allocating profits and losses is based on a percentage of initial investment by the partners? A. Salary allowance B. Salary expense C. Profit and loss ratio D. Interest allowance

User David Faure
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2 Answers

5 votes
the correct answer would be d

User Blacktemplar
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3 votes
The correct answer is D). Interest allowance

User Cryptomanic
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