11 Ahmad an active partner receives an annual Bonus 25% of partnership net income after deducting his bonus for the year ended 2019 partnership net income before bonus amounted to 300,000, the amount of net income after bonus should be out of Select one: question a. 225,000 b. 75,000 C. 60,000 d. 240,000 12 XYZ, Inc. sells 100 shares of treasury shares at $13 per share. If the cost of acquiring the shares was $10 per share the entry for the sale should include credit to: out of Select one: a. shares premium 300, treasury shares 1000 question b. Treasury Shares 51,300 c. cash $1,000 d. cash $1,300