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HW Score: 24 25 Homework: Chapter 12 Homework Score: 0 of 4 pts 9 of 12 (3 complete) Exercise 12-8 (similar to) Ogden and Edison

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HW Score: 24 25 Homework: Chapter 12 Homework Score: 0 of 4 pts 9 of 12 (3 complete) Exercise 12-8 (similar to) Ogden and Edison have formed a partnership and invested 547,000 and 568,000, respectively. They have agreed to share profits as follow (Click on the icon for the transaction details.) Assurning that the business had a loss of $11.500, allocate the loss to Ogn and Edison Allocate the loss to Ogden and Edison (Use parentheses to show a loss, Round your answers to the nearest whole dollar) Ogden Edison Total Net Income (loss) allocated to the partners -X More info a Ogden is to receive a payment of $24,000 for his service and Edison is to rective a payment of $15,000 for his service b. $11.500 is to be allocated according to their original capital contributions to the partnership c. The remainder is to be allocated 43 respectively Print Done HW Score: 24 25 Homework: Chapter 12 Homework Score: 0 of 4 pts 9 of 12 (3 complete) Exercise 12-8 (similar to) Ogden and Edison have formed a partnership and invested 547,000 and 568,000, respectively. They have agreed to share profits as follow (Click on the icon for the transaction details.) Assurning that the business had a loss of $11.500, allocate the loss to Ogn and Edison Allocate the loss to Ogden and Edison (Use parentheses to show a loss, Round your answers to the nearest whole dollar) Ogden Edison Total Net Income (loss) allocated to the partners -X More info a Ogden is to receive a payment of $24,000 for his service and Edison is to rective a payment of $15,000 for his service b. $11.500 is to be allocated according to their original capital contributions to the partnership c. The remainder is to be allocated 43 respectively Print Done

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