The basis for dividing partnership net income or net loss is referred to as any of the following except the
A) income ratio.
B) income and loss ratio.
C) profit and loss ratio.
D) income sharing ratio.

Question

Quizplus · Accepted Answer

The Answer of The basis for dividing partnership net income or net loss is referred to as any of the following except the
A) income ratio.
B) income and loss ratio.
C) profit and loss ratio.
D) income sharing ratio.

The Basis for Dividing Partnership Net Income or Net Loss