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What will the total amount credited to the capital account

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Question - C and D are partners who share profits and losses as - salary allowance of $15,000 is allocated to each partner , 10 % interest on their initial investment ( C's capital 60,000 and D's capital 40,000) and remaining equally if any. Earnings for the period total $70,000. What will be the total amount credited to the Capital account of each partner when the Income Summary account is closed?

Reference no: EM132742022

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