Business, 29.01.2020 01:42, katiedavis7883

The articles of partnership for pal-trotter partnership provide for a salary allowance of $5,000 per month for partner trotter, with the balance of net income to be divided equally. if trotter made an additional investment of $10,000 during the year and withdrew $4,000 per month, and net income for the year was $80,000, by what amount did trotter's capital increase during the year? a.$32,000 b.$10,000 c.$60,000 d.$48,000

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The articles of partnership for pal-trotter partnership provide for a salary allowance of $5,000 per...