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Fred and began a partnership by investing $60,000 and $140,000, respectively. During the partnership earned $100,000. How will they allocate this income if: (b) They
Fred and began a partnership by investing $60,000 and $140,000, respectively. During the partnership earned $100,000. How will they allocate this income if: (b) They agree to allocate a salary of 20,000 of $30,000 to kate, 10% to each on their equally What will the capital balances be after Emily joints the partnership
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