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Solange ad Louis enter into a partnership agreement. Solange contributes $65,000 in capital. Louis contributes $95,000 in capital. The agreement stipulates that profits and losses
Solange ad Louis enter into a partnership agreement. Solange contributes $65,000 in capital. Louis contributes $95,000 in capital. The agreement stipulates that profits and losses will be shared in the ration of their respective capital account balances. The net income for the year s $32,000. Which of the following amounts should be credited to Louis's capital account?
A. 19,000
B. 13,000
C. 16,000
D. 32,000
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