Question 1 of 1 2023 On March 2, 2023, Zoe Miller, Karen Moore, and Veronica Anderson start a partnership to operate a personal coaching and lifestyle consulting practice for professional women. Zoe will focus on work-life balance issues, Karen on matters of style, and Veronica on health and fitness. They sign a partnership agreement to split profits in a 3:2:3 ratio for Zoe, Karen, and Veronica, respectively. The following are the transactions for Pharoah Personal Coaching: D Mar. 2 The partners contribute assets to the partnership at the following agreed amounts: Dec. 20 Cash Furniture Equipment Total Z. Miller $12,000 14,400 $26,400 K. Moore $8,000 13,600 $21,600 V. Anderson $16,000 10,400 $26,400 -/1 They also agree that the partnership will assume responsibility for Karen's note payable of $4,000. !!! Zoe, Karen, and Veronica each withdraw $24,000 cash as a "year-end bonus." No other withdrawals were made during

On March 2,2023, Zoe Miller, Karen Moore, and Veronica Anderson start a partnership to operate a personal coaching and lifestyle. consulting practice for professional women. Zoe will focus on work-life balance issues, Karen on matters of style, and Veronica on health and fitness. They sign a partnership agreement to split profits in a 3:2:3 ratio for Zoe, Karen, and Veronica, respectively. The following are the transactions for Pharoah Personal Coaching: 2023 Mar.2 The partners contribute assets to the partnership at the following agreed amounts: They also agree that the parthership will assume responsibility for Karen's note payable of $4,000. On March 2,2023, Zoe Miller, Karen Moore, and Veronica Anderson start a partnership to operate a personal coaching and lifestyle. consulting practice for professional women. Zoe will focus on work-life balance issues, Karen on matters of style, and Veronica on health and fitness. They sign a partnership agreement to split profits in a 3:2:3 ratio for Zoe, Karen, and Veronica, respectively. The following are the transactions for Pharoah Personal Coaching: 2023 Mar.2 The partners contribute assets to the partnership at the following agreed amounts: They also agree that the parthership will assume responsibility for Karen's note payable of $4,000