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Question 7 of 7 1.17/2 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Nabb & Fry Co.reports net income
Question 7 of 7 1.17/2 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. Nabb & Fry Co.reports net income of $ 25,000. Interest allowances are Nabb $ 7,800 and Fry $5.900, salary allowances are Nabb $ 15,300 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 eg.-15.000 or parenthesis eg. (15,000 Division of Net Income Nabb Fry Total Salary allowance $ 15300 $ 10900 $ 26200 Interest allowance 7800 5900 13700 Remaining excess/deficiency Total division of net income $ 25000 eTextbook and Media Solution Attempts: unlimited Submit Answer Save for later Last saved 4 hours ago Saved work will be auto-submitted on the due date. Auto. submission can take up to 10 minutes
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