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The Fig & Olive Co . reports net income of $ 2 5 , 1 0 0 . Interest allowances are Fig $ 3 ,

The Fig & Olive Co. reports net income of $25,100. Interest allowances are Fig $3,400 and Olive $6,200; partner salary allowances are Fig $18,300 and Dlive $10,300 and the remainder is shared equally. minker es -15,000 or prithithenteg (15,000)
Prepare the entry to distribute the net income. (Credit account titles are automatically indented when the amount is entered. Do not indent munually. Listall debit entries before credit entries)
Account Tittes and Explanation
Debit
Credit
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