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777dan777 [17]
3 years ago
10

Partners a and b receive a salary of $30,000 and $60,000, respectively, and share income and losses in a 2:1 ratio, respectively

. if the partnership suffers a $30,000 net loss in 20x5, the entry to close the income or loss into their capital accounts is:
Business
1 answer:
fomenos3 years ago
8 0
<span>Answer:
   Partners a and b receive a salary of $30,000 and $60,000, respectively, and share income and losses in a 2:1 ratio, respectively. if the partnership suffers a $30,000 net loss in 20x5, the entry to close the income or loss into their capital accounts is:</span>
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