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The NBC Company reports net income of $30,000. If partners N, B, and C have an income ratio of 50%, 30%,and 20%, respectively, B share

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The NBC Company reports net income of $30,000. If partners N, B, and C have an income ratio of 50%, 30%,and 20%, respectively, B share of the net income is: Select one: a. 9,000 b. 18,000 C. 15,000 d. 6,000 The NBC Company reports net income of $30,000. If partners N, B, and C have an income ratio of 50%, 30%,and 20%, respectively, B share of the net income is: Select one: a. 9,000 b. 18,000 C. 15,000 d. 6,000 in the time of liquidation when car cost 10,000 and the accumulated depreciation 3,000 sold for 7,000 the profit or loss from sales of car is Select one: a. 3,000 loss b. O c. 2,000 loss d. 3,000 profit The NBC Company reports net income of $60,000. If partners N, B, and C have an income ratio of 50%, 30%,and 20%, respectively, N share of the net income is: Select one: a. 30,000 b. 20,000 c. 18,000 d. 12,000 ABC Corporation issues 1,000 shares of $10 par value ordinary shares at $13 per share. In recording the transaction, credits are made to: Select one: a. ordinary shares $10,000 and Retained Earnings 3,000 b. cash 13,000 c. ordinary Shares $10,000 and share premium 3,000 d. ordinary Shares $13,000

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