The capital balances for the partners of Rami, Sami & Tami LLP as authorized on...
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Accounting
The capital balances for the partners of Rami, Sami & Tami LLP as authorized on December 20, 2020, were: $250,000, $300,000 & $80,000 respectivily and their capital per unit of income sharing were: $50,000, $100,000 & $40,000 respectively. Rami share in income or losses is:
Select one:
a.
50%.
b.
40%.
c.
30%.
d.
20%.
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