jakubparuzel2031 jakubparuzel2031

06-06-2023
Business

contestada

Select the statement that is TRUE.
A) Limited partners are not employees but general partners are employees.
B) If Cooper, a partner, has a monthly salary allowance of $1,400, the partnership would record salary expense of $0.
C)Partners are employed by the partnership.
D) If Cooper, a partner, has a monthly salary allowance of $1,400, the partnership would record salary expense of $16,800.

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