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Nabb & Fry Co reports net income of $ 25.000. Interest allowances are Nabb $ 7.800 and Fry $ 5,900, salary allowances are Nabb $
Nabb & Fry Co reports net income of $ 25.000. Interest allowances are Nabb $ 7.800 and Fry $ 5,900, salary allowances are Nabb $ 15,300 and Fry $ 10,900, and the remainder is shared equally, show the distribution of income. (If an amount reduces the account balance then enter with a negative sign preceding the number eg -15,000 or parenthesis eg (15,000 Division of Net Income Nabb Fry Total Salary allowance 15300 10900 26200 13700 Interest allowance 7800 5900 Remaining excess/denciency 25000 Total division of net income
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