Loans made by partners to a partnership are:
A)partnership property.
B)partnership capital.
C)partnership cash flow.
D)partnership liabilities.

Name: Loans made by partners to a partnership are: A)partnership property. B)partnership capital. C)partnership cash flow. D)partnership liabilities.
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Question

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Loans made by partners to a partnership are not partnership capital but,instead,are liabilities of the business.Partners who make loans to a partnership are both owners and creditors.

Loans Made by Partners to a Partnership Are