A and B Are Partners

question 38

Essay

A and B are partners.A has $50,000 in his capital account and B has $75,000 at the beginning of the year.A receives a salary of $15,000 and B receives $12,000.Each partner receives 5% of the beginning balance of their capital accounts.The remainder is split 45% to A and 55% to
B.Net income for the year was $125,000.What is the amount of each capital account at year-end?

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Definitions:

Suicidal

Relating to or characterized by the intention or thoughts about causing one's own death.

Suicide Prevention Programs

Initiatives and interventions designed to reduce the incidence of suicide through awareness, education, and support strategies.

Effectiveness

The degree to which something is successful in producing a desired result or outcome.

Mixed Feelings

Mixed feelings describe a state of having conflicting emotions or thoughts about a particular situation or person.