Question on: SS2 Accounting - The Profit And Loss Account of Partnership

What are the revenues in a profit and loss account of a partnership? 

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A

Costs incurred by the partnership to generate revenue. 

B

Income earned by the partnership, such as sales, commission, rent received, etc. 

C

Salaries paid by the partnership. 

D

Taxes paid by the partnership.

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Correct Option: B

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