1. Purchase of a Current Interest Assume Scott, Thompson, and York formed a partnership. The capital balance and profit and loss ratio is as following: Each of these three partners elects to transfer a 20 percent interest to Morgan for a total payment of $30,000 in a simple capital reclassification. The money is paid directly to the owners. Book value method Goodwill method 2. Contribution to the partnership King and Wilson partnership report the following: Partners agreed to allow Goldman to enter the partnership for $20,000 with the money going into the business. Goldman receives an initial 10 percent interest in the net assets of the partnership. Bonus method Goodwill method