Tot Gecd Sample Corporate Partnerships Name June Clay and Ann Dent are forming a Partnership to which lirs. Clay will devote Full time and Mrs. Dent will devote one-third of her time. They have discussed the following plans for sharing losses and sedne. Initial Investment Clay $10,000 Dent $ 20,000 Salary allowances of $18,000 per year to Clay and $6,000 per yeer to Dent , ejo interest on their investment and the balance equally. They experienced an 8400 Biet Loss Salary allowances of $18,000 per year to Clay and $6,000 per year to Dent and any balance in their investuent ratio. $20,400 Net Income Tot Gecd Sample Corporate Partnerships Name June Clay and Ann Dent are forming a Partnership to which lirs. Clay will devote Full time and Mrs. Dent will devote one-third of her time. They have discussed the following plans for sharing losses and sedne. Initial Investment Clay $10,000 Dent $ 20,000 Salary allowances of $18,000 per year to Clay and $6,000 per yeer to Dent , ejo interest on their investment and the balance equally. They experienced an 8400 Biet Loss Salary allowances of $18,000 per year to Clay and $6,000 per year to Dent and any balance in their investuent ratio. $20,400 Net Income