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Jennifer Black and Kryan White carry on a security service business through a partnership. Jennifer and Kryan are both active in the business and share

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Jennifer Black and Kryan White carry on a security service business through a partnership. Jennifer and Kryan are both active in the business and share profits equally. In the current year they each receive a salary of $40,000 from the partnership. Black \& White Partnership Income Statement For the year ended December 31,2021

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