Allison and Josh are partners in a business. Allison's capital is $60,000, and Josh's capital...
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Accounting
Allison and Josh are partners in a business. Allison's capital is $60,000, and Josh's capital is $100,000. Profits for the year are $80,000. They agree to share profits and losses as follows: Allison's share of the profits before paying salaries and interest on capital is: A. $48,000. B. $22,000. C. $28,000. D. $28, 400
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