On january 1 don and goldman had a capital balance of


Problem

On January 1, Don and Goldman had a capital balance of $17,000.00 and $34,000 respectively in their partnership. The net income of the business is $12,000. What is the share of each partner on the capital?

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Accounting Basics: On january 1 don and goldman had a capital balance of
Reference No:- TGS02676965

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