Casey fisher and logan baylor formed a partnership

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1. Casey Fisher and Logan Baylor formed a partnership in which the partnership agreement provided for salary allowances of $40,000 and $35,000, respectively. Determine the division of a $20,000 net loss for the current year.

Reference no: EM131125777

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Casey fisher and logan baylor formed a partnership : Casey Fisher and Logan Baylor formed a partnership in which the partnership agreement provided for salary allowances of $40,000 and $35,000, respectively. Determine the division of a $20,000 net loss for the current year.
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