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(b) Sue Peters Tracey Davies Eileen Quirk Total Net income Salary allowance Interest allowance Tracey Davies Eileen Quirk Total interest Remaining Income Sue Peters Tracey
(b) | ||||||
| ||||||
Sue Peters | Tracey Davies | Eileen Quirk | Total | |||
Net income | ||||||
Salary allowance | ||||||
Interest allowance | ||||||
Tracey Davies | ||||||
Eileen Quirk | ||||||
Total interest | ||||||
Remaining Income | ||||||
Sue Peters | ||||||
Tracey Davies | ||||||
Eileen Quirk | ||||||
Total remainder | ||||||
Total division | $ | $ | $ | $ | ||
(c) | ||||||
PDQ Company | ||||||
Statement of Partners' Capital | ||||||
For the Year Ended December 31, 2003 | ||||||
Sue Peters | Tracey Davies | Eileen Quirk | Total | |||
Capital, January 1 | $ | $ | $ | $ | ||
Add: Net income | ||||||
Less: Drawings | ||||||
Capital, December 31 | $ | $ | $ | $ | ||
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