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Home Q & A Board Other Fields Homework Help Business Accounting
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majestico majestico
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6 years ago
The average capital balances of partners Bridget and Emily are $5,000 and $15,000, respectively. Bridget and Emily work full time in the business. The business earned net income of $12,000 for the period. The partners have agreed to share earnings based upon the percentage of original investment. Bridget's share of the net income is:
A) $6,000.
B) $3,000.
C) $4,000.
D) indeterminable.
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College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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AugustisAugustis
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6 years ago
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majestico Author
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6 years ago
Thanks
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