Learn the possible methods of dividing net income/loss to Partners in Partnership
This video illustrates division of profits to partners according to the following independent cases:
- Equally
- In an Unequal/Arbitrary Ratio
- In the ratio of Capital Balances (Original Capital Contribution; Beginning and Ending Balances)
Reference: Volume 1 Advanced Accounting Principles and Procedural Applications by Mr. Pedro P. Guerrero and Mr. Jose F. Peralta
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