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dividing partnership income. determine their participation in the year's net income of 240000 {2:13'2: augslqui ,=sz= 'r': rural sf'vrmine their participation in the year's rnr'l
dividing partnership income. determine their participation in the year's net income of 240000
{2:13'2": augslqui ,=sz= 'r': rural sf'vrmine their participation in the year's rnr'l" Hl'"l '"l'fll 'lngii-'ii'iifl' Mo agreement Concerning division of net income. Divided in the ratio of originalcapital investment. Interest at the rate 'iof 15%allowedon origin Salary allowa nees of $ GOlOOOa nd $84,000, al investments and the remainderdivid A ed in th ratioof2 : 3. respectively, and the balance dividedequally; U fi ' llowanee of interest at the rate 0f15% on original investments, salary allowances of$ 7 'I 1 divided if ' " ' " 60,000 andSS'hOOO'I-E =Step by Step Solution
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