Business
Business, 28.09.2019 04:00, jjaheimhicks3419

Tucker and titus are partners who share income in the ratio of 3: 1. their capital balances are $40,000 and $60,000, respectively. income summary has a credit balance of $40,000 after the second closing entry. what is tuckers capital balance after closing income summary to the capital accounts?

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Tucker and titus are partners who share income in the ratio of 3: 1. their capital balances are $40,...

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