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    Principles of Financial Accounting Study Set 1
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    Exam 12: Accounting for Partnerships
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    Ms Manchester, Mr
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Ms Manchester, Mr

Question 61

Question 61

Multiple Choice

Ms. Manchester, Mr. Robertson, and Ms. Allison formed a partnership with a 4:2:1 partnership on profit. Mr. Robertson will receive what percentage of the profit at the end of the year?


A) 20%
B) 33%
C) 50%
D) 29%

Correct Answer:

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