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Prepare a schedule showing the division of net income under assumption (3) above. (If an amount reduces the account balance then enter with a negative
Prepare a schedule showing the division of net income under assumption (3) above. (If an amount reduces the account balance then enter with a negative sign preceding the number e.g. 15,000 or parenthesis e.g. (15,000) ) At the end of lia firstyear of operationa on Decsmber 31, 2022, Crome Company a secounta show the followire cloced to the parther' capltal iccourti. [a] [Credif account titles art automatically indented when amount is estered. Do not indent manually). 1. Nat Incoms b\$37,800. Incoms bohared 62:1. remalnder la shand equaly. $18,900 ablary allowence. The remalnder la sheme dqualy. Prepare a partners' capital statement for the year under assumption (3) above. (List items that increase partners capital first.)
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