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partnership A,B and C are partners sharing profit and losses in a 3:2:1 ratio after salaries and interest on capital. Salaries allowed are =N=8,000 for

partnership
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A,B and C are partners sharing profit and losses in a 3:2:1 ratio after salaries and interest on capital. Salaries allowed are =N=8,000 for C. Each partner is also credited for interest at 10% of Opening Capital; balances which on 1st of January were =N=35,000,=N=20,000.00 and =N=15,000 respectively. If the net profit for the year ended 31st December was =N=39,000, the earnings credited to B are: A).=N=16,000B).=N=11,000C).=N=12,000 D).=N=14,000 F)=N=13.000

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