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Dividing partnership net lossMorgan Graff and Serigo Vargas formed a partnership in which the partnership agreement provided for salary allowances of $ 3 5 ,
Dividing partnership net lossMorgan Graff and Serigo Vargas formed a partnership in which the partnership agreement provided for salary allowances of $ and $ respectively.Determine the division of a $ net loss 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.
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