How will compton and danson share in the division of income


Compton and Danson form a partnership in which Compton contributes $50,000 in assets and agrees to devote half time to the partnership. Danson contributed $40,000 in assets and agrees to devote full time to the partnership. How will Compton and Danson share in the division of income?

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Accounting Basics: How will compton and danson share in the division of income
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