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Lynn carpenter and Matthew formed a partnership in which the partnership agreement provided for salary allowances of 40000 and 35000 respectively determine the division of

Lynn carpenter and Matthew formed a partnership in which the partnership agreement provided for salary allowances of 40000 and 35000 respectively

determine the division of $20000 net loss for 5he current year. assuming that remaining income or losses are share equ as ly by the 2 partner. use the minus sign to indicate any deduction or deficiencies

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