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Moving to another question will save this response. Question 6 Ahmed and Sayed are partners in A&S Partnership. Ahmed invests $250,000 and Sayed invests $450,000.

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Moving to another question will save this response. Question 6 Ahmed and Sayed are partners in A&S Partnership. Ahmed invests $250,000 and Sayed invests $450,000. They agree to grant salary allowance of $40,000 to Ahmed and $60,000 to Sayed, an 8% interest allowance on beginning capital balance remaining income or loss equally A&S partnership reports net income of $190,000 for this year Required: Allocate the net income between the partners PLEASE SHOW THE CALCULATION FOR EACH PARTNER IN A SEPARATE LINE For the toolbar prets ALT F10 (PO) O ALT+FN+F10 (Mac), I g Paragraph Anal 10pt I 8 ao x? X2 STT T + 1982 BRI EX 28 E 1 TO) A | || FIB Moving to another question will save this response. O WORD

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