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17. Shivam and Vahideh are partners who share profit/loss in the ratio of 2:3. Shivam has a capital balance of $30,000 and Vahideh has a
17. Shivam and Vahideh are partners who share profit/loss in the ratio of 2:3. Shivam has a
capital balance of $30,000 and Vahideh has a capital balance of $50,000. Jeffrey is admitted
to the partnership and is given a 10% ownership interest by investing $20,000 in cash. What is
Vahidehs capital balance after admitting Jeffrey?
- $20,000
- $44,000
- $34,000
- $56,000
- None of the above.
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