Partnership Operations - Division of Profits to Partners (Part 4)

Learn the methods of dividing net income/loss to Partners in Partnership.

This video illustrates division of profits to partners with a provision of salary allowances to partners.

Reference: Volume 1 Advanced Accounting Principles and Procedural Applications by Mr. Pedro P. Guerrero and Mr. Jose F. Peralta

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#SalaryAllowance #ProfitDistribution