Anderson, Macer, and Bailey have capital balances of $20,000,$30,000, and $50,000, respectively. The partners share...
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Accounting
Anderson, Macer, and Bailey have capital balances of $20,000,$30,000, and $50,000, respectively. The partners share profits and losses as follows: a. The first $30,000 is divided based on the partners' capital balances. b. The next $30,000 is based on service, shared equally by Anderson and Bailey. Macer does not receive a salary allowance. c. The remainder is divided equally. Read the requirements. Requiremerks 2. Jhanalure he clasing enery to alocale fet notme for the your
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