Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 3 5 points save answer partnership a has

Question 3 5 points Save Answer Partnership A has three partners A, B and C....

90.2K

Verified Solution

Question

Accounting

imageimage

Question 3 5 points Save Answer Partnership A has three partners A, B and C. If the total total partners salary allowances are 450,000, and Partner A's salary allowance is 250,000 and Partner B's salary allowance is 50,000, how much is Partner C's salary allowance? A. 300,000 B. 150,000 C. 100,000 D. 50,000 E. None of the above Question 4 5 points Save Answer PARTNERSHIP INCOME DISTRIBUTION: For partnership B, the original capital balances for the three Partners are: Partner A 100,000, Partner B 200,000 and Partner C 300,000. If the interest on original capital balances is at the rate of 10%, how much is the interest on Partner A's the original capital balance? A. 200,000 B. 30,000 C. 20,000 D. 10,000 E. None of the above

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students