The partnership of Ezekiel and Gibbons reports profit of $30,000. The partners share equally in profit and losses. The entry to record the partners' share of profit will include a

Name: The partnership of Ezekiel and Gibbons reports profit of $30,000. The partners share equally in profit and losses. The entry to record the partners' share of profit will include a
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The profit is shared equally, so each partner's capital account is credited with their share of the profit, which is $15,000 for Ezekiel.

The Partnership of Ezekiel and Gibbons Reports Profit of $30,000