Exam 1Allison and Josh are partners in a business capital $60,000 and Josh’s capital is $l0,0000 Profit for the year are $80,000. They again profits and losses Allison’s share of the profits before paying salaries and interest on capital $48,000. $22,000. $20,000. $28,000.Show transcribed image text Allison and Josh are partners in a business capital $60,000 and Josh’s capital is $l0,0000 Profit for the year are $80,000. They again profits and losses Allison’s share of the profits before paying salaries and interest on capital $48,000. $22,000. $20,000. $28,000.
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