A partnership has the following accounting amounts: (1) Sales $70,000 (2) Cost of Goods Sold = $40,000

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A partnership has the following accounting amounts: (1) Sales $70,000 (2) Cost of Goods Sold = $40,000 (3) Operating Expenses = $10,000 (4) Salary allocations to partners = $13,000 (5) Interest pai...

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A partnership has the following accounting amounts: (1) Sales $70,000 (2) Cost of Goods Sold = $40,000

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