Solution-Prepare the entry to distribute the net income

Prepare the entry to distribute the net income

Reference no: EM13505461

Pug Bern Co. reports net income of $70,000. The income ratios are Pug 60% and Bern 40%. Indicate the division of net income to each partner, and prepare the entry to distribute the net income.

Reference no: EM13505461

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Prepare the entry to distribute the net income

Reference no: EM13505461

Reference no: EM13505461

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