Business Partnerships Profit and Loss Division

PROFIT AND LOSS DIVISION Upon the end of the partnership’s fiscal year, the net profit or the net loss shall be distributed evenly to all partners at ______________ percent of the net profit/loss each. However, if losses incurred have been brought on by the willful neglect of any of the partners, they alone shall be held responsible to compensate the firm accordingly. ________________________ Signature and Title _________________ Dated _________________________ Signature and Title _________________ Dated _________________________ Signature and Title _________________ Dated