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Profit or loss in a partnership is usually arrived at after deducting from gross profit ...
Classroom
Accounts - Principles of Accounts Classroom
Jamb
Jamb 2005
Partnership Accounts
Profit And Loss Account
More Topics
Profit or loss in a partnership is usually arrived at after deducting from gross profit all expenses including?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Partners' salaries
B
Interest on capital
C
Partners' drawings
D
Interest on loans
Show Answer
Show Explanation
Correct Answer:
Option D
Explanation:
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