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.
The residual profit of the business for the year is
D47,000
D34,000
D22,000
D21,000
Correct answer is A
No explanation has been provided for this answer.