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Question 4 Nabb & Fry Co. reports net income of $27,000. Interest allowances are Nabb $7,600 and Fry $5,300, salary allowances are Nabb $15,200
Question 4 Nabb & Fry Co. reports net income of $27,000. Interest allowances are Nabb $7,600 and Fry $5,300, salary allowances are Nabb $15,200 and Fry $10,900, and the remainder is shared equally Show the distribution of income. (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).) Division of Net Income Salary allowance Interest allowance Remaining excess/deficiency Nabb Fry Total Total division of net income Click if you would like to Show Work for this question: Open Show.Work LINK TO TEXT
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