A Level Accounting (9706)•9706/11/O/N/21

Explanation
Partnership profit calculated from current account changes, but missing data Steps:
- Net change in X's current account: opening credit 17,000 = $29,000 decrease.
- X's transactions: salary credit 13,000 = net $8,000 decrease.
- X's share of remaining profit after salary: 8,000 net = $21,000 decrease (negative share).
- Total profit P = salary $5,000 + shares (X + Y); requires Y's closing balance and sharing ratio to solve for Y's share.
Not enough information.
Final answer: Not enough information.
Topic: Preparation of financial statements
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