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( 1 ) Each of the continuing partners agrees to pay $ 1 8 , 2 0 0 in cash from personal funds to purchase
Each of the continuing partners agrees to pay $ in cash from personal funds to purchase Posada's ownership equity. Each receives of Posada's equity.
Emig agrees to purchase Posada's ownership interest for $ cash.
Posada is paid $ from partnership assets, which includes a bonus to the retiring partner.
Posada is paid $ from partnership assets, and bonuses to the remaining partners are recognized.
No Account Titles and Fxplanation
Debit
Credit
Posada, Capital
Trayer, Capital
Emig, Capital
Posada, Capital
Emig, Capital
Posada, Capital
Trayer, Capital
Emig, Capital
Cash
Posada, Capital
Trayer, Capital
Emig, Capital
Cash
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Attempts: of used
b
If Emig's capital balance after Posada's withdrawal is $ what were the total bonus to the remaining partners and the cash paid by the partnership to Posada?
Total bonus
$
Cash paid to Posada
$
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