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4. Mary Wilson and Patrick Clack began a partnerup sovecal years ago called the gift consultant. Adjusted trial bulance information for the yo ended September

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4. Mary Wilson and Patrick Clack began a partnerup sovecal years ago called the gift consultant. Adjusted trial bulance information for the yo ended September 30,2014. appemes below: Account Balance Account Balance Account payublo $18000 Account Receivable Accumulated depreciation, office furniture Accumulated depreciation, vehicles Allowance for doubtful account Cush Mary, capital Mary, withdrawal Consulting Revenue 214000 I Expenses $94000 Noto payable don March 2017 $47000 $25000 $6000 Office furniture 33000 21000 Prepaid Ront 3000 12000 34000 Patrick, capital 46000 85000 50000 Patrick, withdrawals 75000 Uneamed fees 7000 Vehicles 68000 Prepare calculations that show how the income should be allocuted to the partners assuming the partnership agreement states that the loss/yain are to be shared by allowing an $88000 per your salary allowance to Clark, S18000 allowance per year to Wilson, 15% interest on the beginning of the year balances and the remainder equally (note Clark invested $12000 during the year) (15 marks)

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