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What amount of income would be credited to capital account

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Question - Mona contributing $70,000 Hank contributing $50,000 and Mariel contributing $60,000. Their partnership agreement called for the income loss division, based on ratio of capital investments. If the partnership had income of $90,000 for its first year of operation.

What amount of income would be credited to Mariel's capital account?

Reference no: EM132090718

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