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View Options Income and loss sharing based on salari interest allowance, and a fixed ratio Jagdeep Kaur Jackson and Thompson agree to share income or

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View Options Income and loss sharing based on salari interest allowance, and a fixed ratio Jagdeep Kaur Jackson and Thompson agree to share income or losses as follows: 1. Annual salary allowances of $30,000 for Jackson and $10,000 for Thompson. 2. Interest allowances of 10% of beginning-of-year capital balance 3. Remainder to be shared equally. Assume partnership income for the year is $90,000 and Jackson and Thompson's beginning-of-year capital balances are $80,000 and $70,000 respectively. Alte A. Or you can simply press and to temporanlunmute 1.23 +

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