Jack and jill share income and losses in a 2: 1 ratio after allowing for salaries to jack of $24,000 and $30,000 to jill. net income for the partnership is $48,000. income should be divided as follows:
a. jack, $24,000; jill, $24,000b. jack, $21,000; jill, $27,000c. jack, $32,000; jill, $16,000d. jack, $20,000; jill, $28,000
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Business, 22.06.2019 19:00
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Jack and jill share income and losses in a 2: 1 ratio after allowing for salaries to jack of $24,000...
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