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  3. nabb & fry co. reports net income of $25,000.

Nabb & Fry Co. reports net income of $25,000. Interest allowances are Nabb $5,000 and...

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Accounting

Nabb & Fry Co. reports net income of $25,000. Interest allowances are Nabb $5,000 and Fry $4,000, salary allowances are Nabb $14,000 and Fry $10,000, the remainder is shared equally. Show the distribution of income. (If an amount reduces the account balance then enter with a negative sign preceding the number e.g. -15,000 or parenthesis e.g. (15,000).)

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