Use the following information below to answer this question.
Attama and Wawa were in partnership sharing profits and losses in the ratio 4:3. Attama was entitled to a salary of D13,000 per annum. A net profit of D34,000 was made for the year.
A. D47,000
B. D34,000
C. D22,000
D. D21,000
Correct Answer:
Option A = D47,000
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