Provide examples of different income ratios and explain why they differ.

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Provide examples of different income ratios and explain why they differ.

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.

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