Melston and Rogle have have partnership capital balance of $40,000 and $80,000 respectively . the partnership agreement
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Melston and Rogle have have partnership capital balance of $40,000 and $80,000 respectively . the partnership agreement indicates that net income or net loss should be shared equally. If net income for the partnership is $42,000, how should the net income be divided?
Related Book For
Government and Not for Profit Accounting Concepts and Practices
ISBN: 978-1118155974
6th edition
Authors: Michael H. Granof, Saleha B. Khumawala
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