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Accounting: allocation of income Partners Kenneth and Dickens have capital balances in a partnership of $166000 and $231000, respectively. They agree to share profits and
Accounting: allocation of income
Partners Kenneth and Dickens have capital balances in a partnership of $166000 and $231000, respectively. They agree to share profits and losses as follows: If income for the year was $205000, what will be the allocation of income to Dickens? $39700 $109400 $79400 $95600 Step by Step Solution
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