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Scenario 1: The partnership agreement of Gibs and Reed Landscaping provides an $18,000 salary allowance to Willis Gibs and a $24,000 salary allowance to George

Scenario 1: The partnership agreement of Gibs and Reed Landscaping provides an $18,000 salary allowance to Willis Gibs and a $24,000 salary allowance to George Reed. Both partners are given 10% intere...

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