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Nancy and Betty enter into potreship agreement whereby they under where procedere te (a) Nancy...

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Accounting

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Nancy and Betty enter into potreship agreement whereby they under where procedere te (a) Nancy and Betty will receive materiee of $11.500 and 520,500 repectively as the first location. (b) The next allocation is based on 10% of each partner's spital balance (e) Any remaining profit or loss to be allocated completely to Belty The partnership's not loss for the first year la 500,000. Nancy capital balance is $85.000 und Betty's capital bis 310,000 that the year. Calendar allocated to Nancy O A $180,000) B. $(8,500) O c. $11,500 OD. $20,000

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