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June Clay and Ann Dent are forming & Partnership to which lire. Clay will devote Pull time and Mrs. Dent will devote one-third of her

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June Clay and Ann Dent are forming & Partnership to which lire. Clay will devote Pull time and Mrs. Dent will devote one-third of her time. They have discussed the following plans for sharing losses and sedne. Initial Investment: Clay $10,000 Dent $ 20,000 Salary allowances of $18,000 per year to Clay and $6,000 per year to Dent, their investment and the balance equally. interest on They experienced an 8400 Het Loss Salary allowances of $18,000 per year to Olay and $6,000 per year to Dent and any balance in their investment ratio. $20,400 Net Income June Clay and Ann Dent are forming & Partnership to which lire. Clay will devote Pull time and Mrs. Dent will devote one-third of her time. They have discussed the following plans for sharing losses and sedne. Initial Investment: Clay $10,000 Dent $ 20,000 Salary allowances of $18,000 per year to Clay and $6,000 per year to Dent, their investment and the balance equally. interest on They experienced an 8400 Het Loss Salary allowances of $18,000 per year to Olay and $6,000 per year to Dent and any balance in their investment ratio. $20,400 Net Income

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