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The profit of the Lisa and Linda partnership is $45000. The partnership agreement specihes that...

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Accounting

The profit of the Lisa and Linda partnership is $45000. The partnership agreement specihes that prohts and losses will be equally after salary allowances of $24900 (Lisa) and $9600 (Linda) have been allocated. At the beginning of the year, Lisa's Capital account had a balance of $50400 and Linda's Capital account had a balance of $64400. What is the balance of Linda's Capital account at the end of the year after profits and losses have been distributed? $64400 $74000 $79250 $9600 Save for Later Attempts: 0 of 1 used Submit Answer
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equally after salary allowances of $24900 (Lisa) and $9600 (Linda) have been allocated. At the begining of the vear, Llsas espitai account had a balance of $0400 and Linda's Capital account had a balance of $64400. What is the th at the end of the year after profits and losses have been distributed? $64400 $74000 $79250 $9600

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