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Dividing Partnershit Net Loss Iynn Carpenter and Matthew Fredrick formed o parthership in which the patthership agreement provided for salary allowances of $38,000 and 513,000
Dividing Partnershit Net Loss Iynn Carpenter and Matthew Fredrick formed o parthership in which the patthership agreement provided for salary allowances of $38,000 and 513,000 , respectively. Determine the division of a $19,000 net loss for the current vear, assuming that remaining income or losses are shared equally by the fwo partners. Use the minus sian to incicote amy deductions or deficiencies
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