Question

This Question: 1 pt 4 50f 30 (4 complete) Med makes 100.000 den magpares Capithe past in the woods Ma for the years to the con p T h e 15 per the php A Maderecs 3.000. 00, Tiere 5.000, and here 1500 OH each partner receives 525.000 OC Tisa receives the $100.000 OD neone can take the c o ntributions have been pand back OE Maudereces $30,000, Diego receives 55.000 Tisa receives 550 000 and She receives $15,000

Answer 1

Option B $25000. Each.

Profits are to be shared equally between the partners. If a partnership agreement provides for the division of losses but not profits, profits do not follow losses and are still divided equally. A capital contribution is capital, in the form of property or cash, provided by a partner for the benefit of the business.

Profit Sharing Ratio: If the partnership deed is silent about the profit sharing ratio, the profits and losses of the firm are to be shared equally by partners, irrespective of their capital contribution in the firm