On November 10, 2020, Maher, Saher, and Taher, partners of Maher, Saher, & Taher LLP,...
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Accounting
On November 10, 2020, Maher, Saher, and Taher, partners of Maher, Saher, & Taher LLP, had capital account balances of $40,000, $50,000, and $18,000, respectively, and shared net income and losses in a 4 : 2 : 1 ratio respectively. the Capital per unit of income sharing ratio for Maher would be:
a.
$20,000.
b.
$25,000.
c.
$40,000.
d.
$10,000.
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