Jack and Tony are partners any software engineer company Jack and Tony have a capital balance of 75,060 2000 respectively. The two partners made a profit of 240,000. How much does each we see from the profit in the absence of a partnership agreement
Jack and Tony are partners any software engineer company Jack and Tony have a capital balance of 75,060 2000 respectively. The two partners made a profit of 240,000. How much does each we see from the profit in the absence of a partnership agreement
Jack and Tony are partners any software engineer company Jack and Tony have a capital balance of 75,060 2000 respectively. The two partners made a profit of 240,000. How much does each we see from the profit in the absence of a partnership agreement
Jack and Tony are partners any software engineer company Jack and Tony have a capital balance of 75,060 2000 respectively. The two partners made a profit of 240,000. How much does each we see from the profit in the absence of a partnership agreement
Definition Definition Arrangement between two or more people whereby they agree to manage business operations and share its profits and losses in an agreed ratio. The agreement drafted and signed by the partners of the firm is termed as a partnership deed and contains various important clauses agreed between the partners such as profit/loss sharing, interest on capital, remuneration allocation of each partner, and drawings of a partner.
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