What is the closing entry to allocate a net income of $48,000 to sara, ellen, and mary? respective capital balances are $30,000, $40,000, and $30,000. no agreement was made for division of income.

The answer to your question is:

Debit Income Summary $48,000; credit Sara's Capital $16,000; credit Ellen's Capital $16,000; credit Mary's Capital $16,000.

0.0076, if you meant 4.125 divided by 0.03125 it would be 132

step-by-step explanation:

first you have to move the decimal in 0.03125 over until its behind the 5 which is 5 places over. now the number is 3125

then you have to move the decimal in 4.125, 5 places over. now the number is 4,112,500.

now you divide like you would normally would and get 0.0076

vertical=18cm horizontal=18cm hypotenuse=25.5

step-by-step explanation: