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Moving to another question wisave this response Question 1 Ahmed and Sayed are partners in A&S Partnership. Armed invests $500.000 and Sayed invests $900.000 They

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Moving to another question wisave this response Question 1 Ahmed and Sayed are partners in A&S Partnership. Armed invests $500.000 and Sayed invests $900.000 They agree to grant salary one of 000 to and $120,000 to Sayed, a 8% interest allowance on beginning capital Dilances and to share anytering income or loss AS partes et comme $390,000 for this year Required: Allocate the net income between the partners PLEASE SHOW THE CALCULATION FOR EACH PARTNER IN A SEPARATE UNE For the toolbar, press ALT+F10 PC or ALTHFN-F10 (Mac) B 1 VS Paragraph Anal 10pt AL IX 6 XX 1 1 3B B E * =) !!! 27 -- 2 P 1 2 Moving to another question will save this reserve Question 1 Ahmed and Sayed are partners in A&S Partnership Ahmed invests $500,000 and Sayed invest $900.000. They are toget and $120,000 to Sayed: a 8% interest allowance on beginning capital bones and to share wrong income croissance $390,000 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, press ALT-FID (PC) DR ALT-FN-F10. A B Aria Paragraph IS

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