Leigh Meadows and Byron Leef formed a partnership in which the partnership agreement provided for salary allowances of 54,000 and 48,000, respectively.

Determine the division of a $27,000 net loss for the current year, assuming remaining income or losses are shared equally by the two partners. Use the minus sign to indicate any deductions or deficiencies.

Dividing Partnersh Net Loss Leigh Meadows and Byron Leef formed a partnenship in which the partnership agreement provided for salary alowances of $54,000 and $48,000, respectively Determine the division of $27,000 net loss for the current year, assuming remaining income or losses are shared equally by the two partners. Use the minus sign to indicate any deductions or deficences Leigh Headows Byron Leef Total Selary Allwance 3,00 13,500 | 13,500 3,500X