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moodlet.du.edu.om III Question 8 Not yet answered Marked out of 2.00 Flag question On January 1, 2018, the ABC partnership is formed. A, B and

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moodlet.du.edu.om III Question 8 Not yet answered Marked out of 2.00 Flag question On January 1, 2018, the ABC partnership is formed. A, B and C contributed cash of OMR 420000 and 160000 and 370000 respectively. During the first year, net income is OMR 380000 and the partners A, B, and C shared profits and losses in the ratio of 2:3:1. The partnership agreed to provide salary allowances of OMR 24,000 to A and OMR 30,000 each to B and C and 10% on opening capital balance. The remainder to be divided according to income ratios. The amount shall be received by Partner B is: Select one: O a. None of the options O b. OMR100000 O c. OMR146200 O d. OMR100250

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