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Determine the division of a $18,000 net loss for the current year, assuming remaining income or losses are shared equally by the two partners. use the minus sign to indicate any…

Determine the division of a $18,000 net loss for the current year, assuming remaining income or losses are shared equally by the two partners. use the minus sign to indicate any…
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Determine the division of a $18,000 net loss for the current year, assuming remaining income or losses are shared equally by the two partners. use the minus sign to indicate any deductions or deficiencies.

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User Andy Smith
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Total net loss is $18000. Remaining income or losses are shared equally by the two partners, thats why Net loss for each individual partner is -9000$ for current year. Explanation - total loss/2 partners = net loss for each individual 18000/2 = 9000
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User David Spence
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