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A and B are partners with initial investments of $ 120,000 and $ 80,000, respectively. They share an income and loss of 60% for A
A and B are partners with initial investments of $ 120,000 and $ 80,000, respectively. They share an income and loss of 60% for A and 40% for B. and accept C as a new partner in the required partnership: C's admission record according to each of the following separate assumptions: 1- C buys half of interest A of $ 70,000 in cash. 2-C invests $ 80,000 in the partnership and gets 25% of the ownership interest in the new partnership. Your answer should look like this: Do not use "." Among the numbers: Dr. Cash 100,000 cr.
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