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Rod Dall Co. reports net income of $30,000. The income ratios are Rod 56% and...

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Accounting

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Rod Dall Co. reports net income of $30,000. The income ratios are Rod 56% and Dall 44%. Indicate the division of net income to each partner, and prepare the entry to distribute the net income. (Credit account tities are outomatically indented when amount is entered. Do not indent manually.)

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