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Brief Exercise 12-03 Rod Dal Co. reports net income...

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Brief Exercise 12-03 Rod Dal Co. reports net income of S 76,000. The income ratios are Rod 71% and Dar 29%. Credit account titles are automatically indented when amount is entered. Do not indent manually) Account Tities and Explanation Debit Indicate the division of net income to each partner, and prepare the entry to distribute the net income. Credit

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