Partners A and B receive a salary allowance of $63,000 and $81,000, respectively, and share the remainder equally. If the company earned $90,000 during the period, what is the effect on A's capital?
a. $63,000 increase
b. $36,000 decrease
c. $36,000 increase
d. $45,000 increase

Question

12-07-2024
Business

Answered

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Partners A and B receive a salary allowance of $63,000 and $81,000, respectively, and share the remainder equally. If the company earned $90,000 during the period, what is the effect on A's capital?
a. $63,000 increase
b. $36,000 decrease
c. $36,000 increase
d. $45,000 increase

Sagot :

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