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Arnold , Beverly and Carolyn are partners and share profits and losses in the ratio 40:40:20 , respectively , after Beverly , who manages the

Arnold , Beverly and Carolyn are partners and share profits and losses in the ratio 40:40:20 , respectively , after Beverly , who manages the company , receive a bonus of 10 % of income , net of the bond. The income of the Company for the year was $198.000 . Prepare a detailed account to distribute the income of the Company to Arnold, Beverly and Carolyn. .

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