In answering Partnership Operation problems, explain the detailed process of the following bases for division of profit: Arbitrary Ratio Capital Contribution Ratio Salaries, Interest and Bonus...

In answering Partnership Operation problems, explain the detailed process of the following bases for division of profit:

• Arbitrary Ratio


• Capital Contribution Ratio


• Salaries, Interest and Bonus

Example: Arbitrary Ratio is simply multiplying the agreed ratio with the ...........