Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 16 Not yet answered Marked out of 1.00 P Flag question Hani and Nader are two partners in partnerships divided profit &loss 2:3 respectively,

image text in transcribed

Question 16 Not yet answered Marked out of 1.00 P Flag question Hani and Nader are two partners in partnerships divided profit &loss 2:3 respectively, at the year ended 2019 the net income of the partnership $ 120,000 if the partners received $ 15,000 each, salary and Hani received yearly 10% Bonus from net income after salary what are the share of Nader from remaining profit balance Select one: a. 48,600 b. 46800 c. 32400 d. 31200

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

Differentiate 3sin(9x+2x)

Answered: 1 week ago

Question

Compute the derivative f(x)=(x-a)(x-b)

Answered: 1 week ago

Question

Writing a Strong Introduction

Answered: 1 week ago