Question: Question #2 (2 Marks) a) Marwan and Sami are partners in a partnership company. The company's income statement for the year 2021 showed a net
Question #2 (2 Marks) a) Marwan and Sami are partners in a partnership company. The company's income statement for the year 2021 showed a net loss of JD 20,000. Marwan gets an annual salary of 8,000 dinars, and Sami receives a bonus of 20% of the net profit. Profits and losses are distributed equally between the two partners. Sami's share of the net income is... b) Sofian and Rami are partners in a firm. On 1/1/2021, capital balances in the partnership are $160000, $180000, respectively. Partner's Current Account balances are $60000 credit, $50000 credit, respectively. Partner's Drawings during the year are $20000, $10000, respectively. On 1/10/2021, Rami advanced a loan of $16000 to the firm for five years with a rate of 6% transfer to his current account every six months. Income ratios are equal. During 2021, the company net Losses of $40000. Rami's Current Account balance at 31/12/2021 is
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