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McGraw Hill Connect X Question 2 - Ch 12 - Connect A X week 7 - Kara Ries Tammy Bax X how to take a screen shot on m X + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252... Apps YouTube N Netflix SWOT canvas Ch 12 - Connect Assignment 1 i Saved Help Save & Exit Submit Check my work 2 Required information Part 2 of 3 Problem 12-3A Allocating partnership income LO P2 [The following information applies to the questions displayed below.] 33.33 Ries, Bax, and Thomas invested $40,000, $56,000, and $64,000, respectively, in a partnership. During its first calendar points year, the firm earned $361,800. Required: eBook Prepare the entry to close the firm's Income Summary account as of its December 31 year-end and to allocate the $361,800 net income under each of the following separate assumptions: Ask Print References Problem 12-3A Part 2 2. The partners agreed to share income and loss in the ratio of their beginning capital investments. (Do not round intermediate calculations. Round final answers to the nearest whole dollar.) Complete this question by entering your answers in the tabs below. Appropriation General of profits Journal Mc C Graw EducationMcGraw Hill Connect X Question 2 - Ch 12 - Connect A X week 7 - Kara Ries Tammy Bax X > how to take a screen shot on m X + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252... Apps YouTube N Netflix SWOT canvas Ch 12 - Connect Assignment 1 i Saved Help Save & Exit Submit Check my work 2 Problem 12-3A Part 2 Part 2 of 3 2. The partners agreed to share income and loss in the ratio of their beginning capital investments. (Do not round intermediate calculations. Round final answers to the nearest whole dollar.) 33.33 Complete this question by entering your answers in the tabs below. points Appropriation General eBook of profits Journal Ask Allocate $361,800 net income in the ratio of their beginning capital investments. (Do not round intermediate calculations. Round final answers to the nearest whole dollar.) Print References Supporting Percentage of X Income Allocated Income Computations Total Equity Summary to Capital Ries X $ 361,800 Bax X $ 361,800 Thomas X $ 361,800 Appropriation of profits General Journal > Mc C Graw Hill Education