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Coburn (beginning capital, $55,000) and Webb (beginning capital $80,000) are partners. During 2022, the partnership earned net income of $65,000, and Coburn made drawings
Coburn (beginning capital, $55,000) and Webb (beginning capital $80,000) are partners. During 2022, the partnership earned net income of $65,000, and Coburn made drawings of $14,000 while Webb made drawings of $20,000.
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