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Partners H & I Share Profit and Loss in an Agreed

Question 12

Multiple Choice

Partners H & I share profit and loss in an agreed ratio of 90/10.In the case of a net loss of $10,000, Partner I's capital account would be:


A) ​Credited for $1,000
B) ​Debited for $9,000
C) ​Debited for $1,000
D) ​Would not be affected

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