رد: عبر ارسال رسائل ع الجوال : تعليق الدراسة اليوم و غداً .. !
A and B have capital balance on january 1 of 100000 and 80000
respectivly, the partnership incom sharing agreement provides for (1)annual salaries of 30000for A and 24000 for B, (2)interest at 10% on beginning capital balance,and (3)remaining income or loss to be shared in 3:2 ratio
required:
(1)prepare a schedule showing the distribution of net income,assuming net hncome is (a)80000 and (b)6000
(2)journalize the allocation of net income in each of the situation above
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