Question: Question 4 Roy & Joy are partners who share profits and losses on 2:1 basis, respectively, after a salary of $12,080 is allocated to Joy.

 Question 4 Roy & Joy are partners who share profits and

Question 4 Roy & Joy are partners who share profits and losses on 2:1 basis, respectively, after a salary of $12,080 is allocated to Joy. Earnings for 2020 was $42,000. What will be the amount credited to the Capital account of Roy on 31 December 20202 ho a. $17,000 b. $29,000 6. $20,000 d. $19,500 $29.000 b $20,000 $17.000 Od $19.500

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