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Base 1Pour answers to questions 5 and 3' on the following Information. Mano, Capital Sept. 3 Perm.Reduction 3,0 Jan. 1 Balance 2D,D[} July:r 1 Investment

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Base 1\"Pour answers to questions 5 and 3' on the following Information. Mano, Capital Sept. 3 Perm.Reduction 3,0 Jan. 1 Balance 2D,D[} July:r 1 Investment 5,D[} 1|.|'l.|'i'uite, Capital ZUKX Jan. 1 Balance 13,D[} Hopkins, Capital 2020: Jan. 1 Bala noe 24,DDD Sept. 5 Investment 4,D[i For the year 2010:, the partnership reported a net income of $153!\"). REQUIRED: Prepare schedules to show the division of net ineome, using the form provided at the back of this unit. Then complete questions Ii and 3'. DD HDT send the form to us. 6. If interest of ?% is to be allowed on the partners' Capital account balances at the beginning of the veer; the amount of net income remaining for distribution is A. $20,000. 0. $0,430. 0. $21,400. o. $4,340. I". The rst $1D,UDI'J of the net income is to be divided in the ratio of 5f3f2, and the remainder is to be distributed equally. Mano 1would receive A. $0,000.00. c. $0,200.02. 0. $0,200.02. 0. $10,200.02

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