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Ahmed and Sayed are partners in A&S Partnership. Ahmed invests $250,000 and Sayed invests $450,000....

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Accounting

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Ahmed and Sayed are partners in A&S Partnership. Ahmed invests $250,000 and Sayed invests $450,000. They are allowance oh beginning capital balances and to share any remaining income or loss equally. A&S partnership reports Required: Allocate the net income between the partners. PLEASE SHOW THE CALCULATION FOR EACH PARTNER IN A SEPARATE LINE For the toolbar, press ALT F10 (PC) or ALT FN-F10 (Mac). B I vs Paragraph Arial 10pt x? X T Te POS T 99 92 iii Click Submit to complete this assessment. estion 13 Ahmed and Sayed are partners in A&S Partnership. Ahmed invents 5250 000 Sayed in the allowance on beginning capital balances and to share any remaining come or los equy AS Required: Allocate the net income between the partners PLEASE SHOW THE CALCULATION FOR EACH PARTNER IN A SEPARATE LINE For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI V S Paragraph Arial 101 TES EBY T 99 x? X2 ayed invests $450,000. They agree to grant salary allowance of $40,000 to Ahmet equally. A&S partnership reports net income of $190,000 for this year v ili E 7 V 2 IK Q 5 E39 E. EXE E (6) V

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