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Partners T. Greer and R. Parks are provided salary allowances of $34,800 and $29,000, respectively. They divide the remainder of the partnership income in
Partners T. Greer and R. Parks are provided salary allowances of $34,800 and $29,000, respectively. They divide the remainder of the partnership income in a ratio of 3:2. If partnership net income is $46,400, how much is allocated to Greer and Parks? Total division $ eTextbook and Media Save for Later T. Greer R. Parks
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Introduction to Governmental and Not for Profit Accounting
Authors: Martin Ives, Terry K. Patton, Suesan R. Patton
7th edition
9780132776073, 132776014, 978-0132776011
