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22. Partners A and B share in profits and losses on a 70:30 ratio after salary allowances of F80,000 for A and F40,000 for B.

22. Partners A and B share in profits and losses on a 70:30 ratio after salary allowances of F80,000 for A and F40,000 for B. The business earned profit of F320,000 before deduction for the salaries. ...

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