Question
Capital balances in the MURF partnership are Mohamad, Capital $50,000; Umar, Capital $40,000; Ray, Capital $30,000; and Firas, Capital $20,000, and income ratios are 4
Capital balances in the MURF partnership are Mohamad, Capital $50,000; Umar, Capital $40,000; Ray, Capital $30,000; and Firas, Capital $20,000, and income ratios are 4 : 3 : 2 : 1, respectively. MURF report $40,000 net income how much Mohamad capital will increase?
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Survey Of Accounting
Authors: Carl S. Warren
4th Edition
0538478144, 9780538478144
