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assume that AB Company has net income of OMR 180000 for 2018. The initial investment...

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Accounting

assume that AB Company has net income of OMR 180000 for 2018. The initial investment for A and B is OMR 120000,165000 respectively. The Partners A and B share net income and net loss equally. Drawings for the year were A OMR18,000 and B 16,000.
The closing balance of Partner A is:
Select one:
a. OMR 140000
b. OMR 170000
c. OMR 180000
d. OMR 160000
e. None of the options

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