Business, 19.11.2019 03:31, crosales102
Nnual salary allowance to jack of $169,680. interest of 7% on each partner's capital balance on january 1. any remaining net income divided to jack and bernard, 1: 2. jack and bernard had $96,000 and $87,000, respectively, in their january 1 capital balances. net income for the year was $303,000. how much is distributed to jack and bernard?
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Nnual salary allowance to jack of $169,680. interest of 7% on each partner's capital balance on janu...
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