1. Mohammed is admitted to the partnership of Rashed & Ameer. Prior to his admission, the partnership books show Rashed's capital balance at OR 25,000 and Ameer's capital at OR 50,000. Assume Rashid and Ameer share profits and losses equally. Required Make the partnership journal entry to record the admission of Mohammed, suppose that Mohammed invests OR 15,000 to acquire a 1/3 interest in the partnership.

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Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.