Rod Dall Co. reports net income of $67,000. The income ratios are Rod...
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Rod Dall Co. reports net income of $67,000. The income ratios are Rod 55% and Dall 45%. Indicate the division of net income to each partner, and prepare the entry to distribute the net income. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
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Rod Dall Co. reports net income of $67,000. The income ratios are Rod 55% and Dall 45%. Indicate the division of net income to each partner, and prepare the entry to distribute the net income. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) 