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one question sub parts urgent help . like will be guven 5 Dallas and Weiss formed a partnership to manage rental properties, by investing $189,000
one question sub parts urgent help . like will be guven
5 Dallas and Weiss formed a partnership to manage rental properties, by investing $189,000 and $231,000, respectively. During its first year, the partnership recorded profit of $524.000 Required: Prepare calculations showing how the profit should be allocated to the partners under each of the following plans for sharing profit and losses o. The partners failed to agree on a method of sharing profit int BO Share to Dallas Share to Weiss Total Print b. The cartners agreed to share profits and losses in proportion to their initial investments onts b. The partners agreed to share profits and losses in proportion to their initial investments eBook Share to Dallas Share to Weiss Total Paint c. The partners agreed to share profit by allowing a $157000 per year salary allowance to Dallas, an 587000 per year salary 5 c. The partners agreed to share profit by allowing a $157,000 per year salary allowance to Dallas, an $87000 per year salary allowance to Weiss 10% interest on their initial investments, and sharing the balance equally (Leave no cell blank Enter "0" when the answer is zero) 12 Doints Share to Dallas Share to Total Weiss Total salaries and interest allocation Balance of profit Balance allocated equally Balance of profit Shares of each partner Step by Step Solution
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