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E15-3 Division of Income-Interest on Capital Balances Left and Right are partners. Their capital accounts during 20X1 were as follows: Left, Capital Right, Capital 9,000

E15-3 Division of Income-Interest on Capital Balances Left and Right are partners. Their capital accounts during 20X1 were as follows: Left, Capital Right, Capital 9,000 1/1 50,000 7,000 10/7 5,000 8/23 6,000 1/ 3/5 7/6 4/3 10/31 6,000 8,000

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