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Question
How do general partners get paid?
How do general partners get paid?
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Solution
Each partner might draw assets from the association whenever up to the measure of the accomplice’s value of equity. An accomplice may likewise remove assets from an association through ensured installments. These are installments that are like compensation that is paid for services to the association.
Also see:
- MCQs on Partnership
- What Is Partnership?
- Difference Between Sole Proprietorship and Partnership
- Nature of Partnership
Stay tuned to BYJU’S to learn similar Commerce Questions.
Each partner might draw assets from the association whenever up to the measure of the accomplice’s value of equity. An accomplice may likewise remove assets from an association through ensured installments. These are installments that are like compensation that is paid for services to the association.
Also see:
- MCQs on Partnership
- What Is Partnership?
- Difference Between Sole Proprietorship and Partnership
- Nature of Partnership
Stay tuned to BYJU’S to learn similar Commerce Questions.
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