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Multiple Choice Question 73 Partners Cantor and Dickens have capital balances in a partnership of $154000 and $247000, respectively. They agree to share profits and
Multiple Choice Question 73 Partners Cantor and Dickens have capital balances in a partnership of $154000 and $247000, respectively. They agree to share profits and losses as follows: Cantor Dickens $40500 $48400 As salaries As interest on capital at the beginning of the year Remaining profits or losses 10% 1090 50% 50% If income for the year was $192000, what will be the allocation of income to Dickens $104600 $80200 $40100 $87400 Click if you would like to show Work for this question: Doen Show. Work By accessing this Question Assistance
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