Appropriations are the transactions that happen between firm and partners in the capacity of ___________

none of the above

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both of them

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partner

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firm

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Solution

The correct option is C
partner

Appropriations are the transactions that happen between firm and partners in the capacity of partners.

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Similar questions

A person wants to be a partner in a partnership. Already there are 50 partners in the firm. Is it possible for him to be a part of the firm?

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