This approach will work with a partnership or a trust.
Note that the difference is that the partner loan balances are handled via the equity section rather than through the liability section as you see in a trust.
Modified on: Thu, 12 Dec, 2024 at 2:33 PM
This approach will work with a partnership or a trust.
Note that the difference is that the partner loan balances are handled via the equity section rather than through the liability section as you see in a trust.
Did you find it helpful? Yes No
Send feedback