Question: Question 3 5 points Save Answer Partnership A has three partners A, B and C. If the total total partners salary allowances are 450,000, and


Question 3 5 points Save Answer Partnership A has three partners A, B and C. If the total total partners salary allowances are 450,000, and Partner A's salary allowance is 250,000 and Partner B's salary allowance is 50,000, how much is Partner C's salary allowance? A. 300,000 B. 150,000 C. 100,000 D. 50,000 E. None of the above Question 4 5 points Save Answer PARTNERSHIP INCOME DISTRIBUTION: For partnership B, the original capital balances for the three Partners are: Partner A 100,000, Partner B 200,000 and Partner C 300,000. If the interest on original capital balances is at the rate of 10%, how much is the interest on Partner A's the original capital balance? A. 200,000 B. 30,000 C. 20,000 D. 10,000 E. None of the above
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