Corey and Malinda started a partnership on January 1,2012.Corey invested $25,000 in the business,and Malinda invested $20,000.The partnership agreement stated that profits would be divided between the partners based on their initial investment in the partnership.The business's net income for 2010 was $36,000.During the year,Corey withdrew $8,000,and Malinda withdrew $6,000.The balances in the partners' accounts at the end of 2012 were

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The Answer of Corey and Malinda started a partnership on January 1,2012.Corey invested $25,000 in the business,and Malinda invested $20,000.The partnership agreement stated that profits would be divided between the partners based on their initial investment in the partnership.The business's net income for 2010 was $36,000.During the year,Corey withdrew $8,000,and Malinda withdrew $6,000.The balances in the partners' accounts at the end of 2012 were

Corey and Malinda Started a Partnership on January 1,2012