Examlex
Included in M1 are:
Partners' Equity
The ownership interest of partners in a partnership, representing their original investments plus any accumulated profits or minus any losses.
Revenue And Expenses
Refers to the income generated from normal business operations and the costs incurred to generate that income.
Sharing Profits And Losses
A method used in partnerships and some other business arrangements to distribute the financial results of the business among its owners or members.
Equally
In a manner that is the same in quantity, size, degree, or value for all parties involved.
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