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Sara and Aya invested $ 120,000 and $ 360,000, respectively, in a partnership. The partners agreed to award a $ 20,000 allowance to Sarah and
Sara and Aya invested $ 120,000 and $ 360,000, respectively, in a partnership. The partners agreed to award a $ 20,000 allowance to Sarah and $ 30,000 to Aya, an interest allowance of 10% on initial capital balances and share the remaining salary or loss equally. Partnershop reported a net profit of $ 100,000 for the year 
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Challenge Of Management Accounting Change
Authors: John Burns, Mahmoud Ezzamel, Robert Scapens
1st Edition
075066004X, 978-0750660044
