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What can partners contribute to establish a capital account

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Reference no: EM132107601

Find information on Partner Capital Accounts.

In a two to three page summary, describe;

- What is the Partner's capital account?
- What can Partners' contribute to establish a capital account?
- What is the profit and loss allocations? What document is the ratio found in?
- Provide examples of different income ratios and explain why they differ.

Your assignments should be free of spelling and grammar errors. Transitions between paragraphs should be clear and your paper should include and introduction and conclusion.

Verified Expert

"The assignment involved explanation of partners capital account, its creation and maintenance and which assets can be contributed under the same. further there was a discussion of the profit and loss distribution of between partners under written and unwritten agreements. This Assignment was prepared in MS word with APA citations".

Reference no: EM132107601

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