Question: solve the question 1. 23.C CHALLENGE PROBLEM (L03, 4), p. 747 1. Distribution- Income Statement 2. One su STEP: 1 of 2 Kalima Verma and

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1. 23.C CHALLENGE PROBLEM (L03, 4), p. 747 1. Distribution- Income Statement 2. One su STEP: 1 of 2 Kalima Verma and Amar Tambe are partners in a merchandising business, Travel Trinkets. Information taken from Travel Trinket's records on December 31 of the current year is shown in Question Assets QUESTION ASSETS Partner Verma Balance of Capital Account January 1 $62,647.00 $50.980:50 Balance of Drawing Account $9,000.00 $8,150.00 Tambe Distribution of Net Income/Loss 65.0% 35.09 on December 31, the partnership had a not loss of $26,170.00. Prepare a distribution of net income statement for the partnership, Travel Trinkets Distribution of Net Income Statement For Year Ended December 31, 20- Kama Vema of Net Amar Tambe of Net Nel TOTAL SCORE: Save & Conte th ot SAMSUNG

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