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In the absence of partnership agreement, profits and losses are shared
Classroom
Accounts - Principles of Accounts Classroom
Waec
Waec 2007
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In the absence of partnership agreement, profits and losses are shared
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
In the ratio of capitals
B
Equally
C
In the ratio of drawings
D
According to services rendered
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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Accounts - Principles of Accounts
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