Partners A B and C agreed to share partnership income loss a

Partners (A; B; and C) agreed to share partnership income (loss) as 2:5:3 respectively. How much each will recieve if income is $25,000?

a) $12,500(A), $7,500(B), $5,000(C)

b) $5,000(A), $12,500(B), $7,500(C)

c) $7,500(A), $12,500(B), $5,000(C)

d) $5,000(A), $7,500(B), $12,500(C)

Solution