Determining capital account increase

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Reference no: EM13138038

Franco and Jason share income and losses in a 2:1 ratio after allowing for salaries to Franco of $15,000 and $30,000 to Jason. If the partnership suffers a $15,000 loss, by how much would Jason's capital account increase?

1. $20,000

2. $10,000

3. $40,000

4. $25,000

Reference no: EM13138038

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