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The following information was obtained from the records of Alben Traders, a partnership business with Albert and Bennie as partners, after the net profit was
The following information was obtained from the records of Alben Traders, a partnership business with Albert and Bennie as partners, after the net profit was appropriated between the partners. R Partners' salaries 240 000 Interest on drawings 3 000 Interest on capital 60 000 Total share of remaining loss 24 000 Drawings 180 000 Which one of the following reflects the net profit? O A. R279 000 O B. R273 000 O C. R327 000 OD. R453 000
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