Business
Business, 12.11.2019 03:31, jarrettashlyn

Katherine, alliah, and paulina form a partnership. katherine contributes $150,000. alliah contributes $150,000, and paulina contributes $100,000. their partnership agreement calls for the income or loss division to be based on the ratio of capital investment. if the partnership reports income of $90,000 for its first year of operations, what amount of income is credited to katherine's capital account?

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Katherine, alliah, and paulina form a partnership. katherine contributes $150,000. alliah contribute...

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