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Rod Dall Co. reports net income of $79,000. The income ratios are Rod 75% and Dall 25%. Indicate the division of net income to
Rod Dall Co. reports net income of $79,000. The income ratios are Rod 75% and Dall 25%. Indicate the division of net income to each partner, and prepare the entry to distribute the net income. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit
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