If the partnership agreement does not specify h... - JAMB Accounting 2015 Question
If the partnership agreement does not specify how net profit is to be divided, the profit should be divided
.
.
A
equally
B
in accordance with an established
C
in proportion of current account balances
D
in proportion of weighted average of capital
correct option: a
profit or loss are expected to be share equally in the absence of any agreement
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