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Melston and Rogle have have partnership capital balance of $40,000 and $80,000 respectively . the partnership agreement indicates that net income or net loss should
Melston and Rogle have have partnership capital balance of $40,000 and $80,000 respectively . the partnership agreement indicates that net income or net loss should be shared equally. If net income for the partnership is $42,000, how should the net income be divided?
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Government and Not for Profit Accounting Concepts and Practices
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