A, B, and Cinvested $40,000, $30,000, and $25,000, respectively, in ABC LLP on June 30, 2002....

 

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A, B, and Cinvested $40,000, $30,000, and $25,000, respectively, in ABC LLP on June 30, 2002. They agreed to divide income or losses as follows: (1) Salaries of $10,000, $8,000, and $7,500, respectively, to A, B, and C (2) Interest of 10% on beginning capital account balances (3) Remaining net income or loss divided equally. If the income of the partnership was $44,000, the amount of income credited to A is اختراحد الخيارات a. $14,000 O b. $17,000 O C $13,000 O d. $15,000 O A, B, and Cinvested $40,000, $30,000, and $25,000, respectively, in ABC LLP on June 30, 2002. They agreed to divide income or losses as follows: (1) Salaries of $10,000, $8,000, and $7,500, respectively, to A, B, and C (2) Interest of 10% on beginning capital account balances (3) Remaining net income or loss divided equally. If the income of the partnership was $44,000, the amount of income credited to A is اختراحد الخيارات a. $14,000 O b. $17,000 O C $13,000 O d. $15,000 O

Answer rating: 100% (QA)

option b 17000 is correct A B C Total Total profit 440... View the full answer