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On April 1,2022, Guy Comeau and Amelie Lavoi formed a partnership in Ontario. ...

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Accounting

On April 1,2022, Guy Comeau and Amelie Lavoi formed a partnership in Ontario.
\table[[Contribution,Comeau,Lavoi],[,$298,000 cash,$200,000 land],[Profit sharing,$138,000 building,],[,\table[[$168,000 salary],[allowance]],],[,5% of original,5% of original],[,capital investments,capital investments],[Cash withdrawal March 20,2023,40% of remaining,60% of remaining],[,,$118,000
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