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Business, 25.01.2021 20:40 LittlestRedTeal8940

d. E contributes $82,000 in cash to the business to receive a 22 percent interest in the partnership. No goodwill or other asset revaluation is to be recorded. Profits and losses have previously been split according to the following percentages: A, 10 percent; B, 30 percent; C, 20 percent; and D, 40 percent. After E makes this investment, what are the individual capital balances

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d. E contributes $82,000 in cash to the business to receive a 22 percent interest in the partnership...
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