The partnership of Je-hong and Barton had these balances at September 30,

The partnership of Je-hong and Barton had these balances at September 30, 2020:


Je-hong gets 60 percent of profits and losses, and Barton gets 40 percent. Prepare the partnership’s income statement and ending Capital balances for the year ended September 30, 2020.

Related Book For answer-question

Horngrens Accounting

11th Canadian Edition Volume 2

Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann Johnston, Peter R. Norwood

ISBN: 9780135359785

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