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Accounting 121 QS 12-5 Partnership income allocation LO P2 Blake and Matthew are partners who agree that Blake will receive a $105.700 salary allowance and

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Accounting 121

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QS 12-5 Partnership income allocation LO P2 Blake and Matthew are partners who agree that Blake will receive a $105.700 salary allowance and that any remaining income or loss will be shared equally. If Matthew's capital account is credited for $3.000 as his share of the net income. how much net income did the partnership earn? Net income earned

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