Mathematics, 15.07.2021 14:00, Danay4600

KEITH AND TINY OPENED A RETAIL HARDWARE STORE ON DECEMBER 31, 2011. THEIR PARTNERSHIP AGREEMENT CALLS FOR ANNUAL SALARIES TO KEITH AND TINY OF PHP 120,000 AND PHP 240,000, RESPECTIVELY; INTEREST OF 20% ON AVERAGE INVESTMENT, REMAINING PROFIT TO BE SHARED EQUALLY. DURING 2012, PARTNER WAS ABLE TO WITHDRAW HIS ALLOWED SALARY EXCEPT FOR THE MONTH OF DECEMBER. CAPITAL ACCOUNTS AT THE END OF 2012 WERE 160,000 AND 140,000 RESPECTIVELY AFTER EACH PARTNER MADE ADDITIONAL INVESTMENT OF PHP 40,000 EACH ON JULY FOR KEITH AND OCTOBER 1 FOR TINY. AVERAGE INVESTMENT OF KEITH IS:

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KEITH AND TINY OPENED A RETAIL HARDWARE STORE ON DECEMBER 31, 2011. THEIR PARTNERSHIP AGREEMENT CALL...