ADVANCED ACCOUNTING
ADVANCED ACCOUNTING
13th Edition
ISBN: 9781264046263
Author: Hoyle
Publisher: MCG
Question
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Chapter 14, Problem 19P

a.

To determine

Determine the capital accounts after person G invests $80,000 in the partnership for an 18 percent capital interest by goodwill.

b.

To determine

Determine the capital accounts after person G invests $100,000 in the partnership to get a 20 percent capital balance.

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