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Dupre Corp. which operates on a calendar year basis, issued a bond with a face value of $ 4,000,000 on April 1, 2015, The bond

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Dupre Corp. which operates on a calendar year basis, issued a bond with a face value of $ 4,000,000 on April 1, 2015, The bond has a stated rated of 8% and it will mature on march 2015 Present the journal entries to record the following: On January 1.2015 Joey and Amy formed a partnership called Buttafuoco Assoefo, v partnership agreement provides for the division of net income as follow: Interest on average capital balances for the year. 10% Salary allowances: Joey 560.000. .Amy $20,000 Reminder equally. You olio discover the following: 2015 net income was 5100.000 Joey's average capital was 5400.000 while Amy's average capital for 2015 was $ 5600.000 Prepare a schedule for the division of income

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