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PARTNERSHIP INCOME DISTRIBUTION: For partnership C, if the remainder of the partnerships net income is...

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Accounting

PARTNERSHIP INCOME DISTRIBUTION: For partnership C, if the remainder of the partnerships net income is 120,000 and there are three partners among whom the remainder is divided equally, how much is each partners share of the reminder?

A. 50,000

B. 40,000

A. 30,000

B. 20,000

C. None of the above

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