What don''s share of the income would be, Accounting Basics

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What don''s share of the income would be

partners bob and don have agreed to share profits and losses in an 80:20 ratio respectively, after bob is allowed a salary allowance of $140,000 and don is allowed a salary allowance of $70,000. if the partnership had net income of $140,000 for 2010, don's share of the income would be?

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Accounting Basics: What don''s share of the income would be

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Accounting Basics: What don''s share of the income would be

Reference No:- TGS066830

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Recent Questions Asked Accounting Basics

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What don''s share of the income would be

Reference No:- TGS066830

Recent Questions Asked Accounting Basics

Q : Cause of increase in the demand

Q : Explain the law of diminishing returns

Q : Equilibrium wage and labor demand

Q : Responsibility to make adjustments

Q : What don''s share of the income would be

Q : How much to spend on eyeliner after price change

Q : Three body paragraphs of a single

Q : Interrelationships between economic facts-theory

Q : If market rate goes down then bonds are outstanding

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