5.2 · Partnership accountsLesson 2 of 8Free preview
The appropriation account
Salary rewards work, interest on capital rewards money, interest on drawings discourages early withdrawals. Only the residual is shared in the ratio.
5.2 · Partnership accountsLesson 2 of 8Free preview
Salary rewards work, interest on capital rewards money, interest on drawings discourages early withdrawals. Only the residual is shared in the ratio.