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  3. Study Set
    Fundamental Accounting Principles Study Set 5
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    Exam 12: Accounting for Partnerships
  5. Question
    If Partners Devote Their Time and Services to Their Partnership
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If Partners Devote Their Time and Services to Their Partnership

Question 70

Question 70

True/False

If partners devote their time and services to their partnership, their salaries are expenses on the income statement.

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