partners f and g receive an interest allowance of, Financial Accounting

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partners f and g receive an interest allowance of

Partners F and G receive an interest allowance of $10,000 and $15,000, respectively, and divide the remaining profits and losses in a 3:1 ratio. If the company sustained a net loss of $11,000 during the year, what is the effect on G's capital?
a. 6000 increase b. 15000 increase c. 10500 decrease d. 12000 decrease
e. 2667 decrease

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Financial Accounting: partners f and g receive an interest allowance of

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Financial Accounting: partners f and g receive an interest allowance of

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