A local dental partnership has been liquidated and the final capital balances are Atkinson, capital (40% of
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A local dental partnership has been liquidated and the final capital balances are
Atkinson, capital (40% of all profits and losses) . . . . . . . . $ 70,000
Kaporale, capital (30%) . . . . . . . . . . . . . . . . . . . . . . . . . . 30,000
Dennsmore, capital (20%) . . . . . . . . . . . . . . . . . . . . . . . . . (42,000)
Rasputin, capital (10%) . . . . . . . . . . . . . . . . . . . . . . . . . . . (58,000)
If Rasputin contributes additional cash of $20,000 to the partnership, what should happen to it?
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