Home / Questions / Mr A and B entered into a partnership with an equal share in profit or loss
Mr. A & B entered into a partnership with an equal share in profit or loss. The agreement provides that Mr. A will receive $10,000 and Mr. B will receive $8,000 as salary allowance. The net income for the year is $85,000. What will be the total share of Mr. A?
(A) $52,500
(B) $42,500
(C) $43,500
(D) $50,500
Apr 11 2018 View more View Less
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