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A and B form a new partnership they agree on EQUAL interests in capital and profits , A invests $6500 in cash and B invests

A and B form a new partnership they agree on EQUAL interests in capital and profits , A invests $6500 in cash and B invests cash 1000 and a land at cost 3000 and a fair value 4000 Required : answer the following: 1. Compute total capital under bonus? (1 mark) 12. Determine the capital balance to A under bonus? (1 mark) 3. Compute total assets under bonus? (1 mark) 4. Compute total capital under GOODWIL? (1 mark)

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