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Dividing Partnership Net Loss Lynn Carpenter and Matthew Fredrick formed a partnership in which the partnership agreement provided for salary allowances or $48,000 and $42,000,

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Dividing Partnership Net Loss Lynn Carpenter and Matthew Fredrick formed a partnership in which the partnership agreement provided for salary allowances or $48,000 and $42,000, respectively Determine the division of a $24,000 nettons for the current year, assuming that remaining income or losses are shared equally by the two partners. Use the minus sign to indicate any deductions or deficiencies Lynn Carpenter Matthew Fredrick Total Salary Allowance Remainder Net Loss

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