Question
A local dental partnership has been liquidated and the final capital balances are as follows: Atkinson, capital (40% of all profits and losses) $ 83,000
| A local dental partnership has been liquidated and the final capital balances are as follows: |
| Atkinson, capital (40% of all profits and losses) | $ 83,000 | |
| Kaporale, capital (30%) | 43,000 | |
| Dennsmore, capital (20%) | (57,000 | ) |
| Rasputin, capital (10%) | (69,000 | ) |
| If Rasputin contributes additional cash of $24,500 to the partnership, what should happen to it? (Do not round intermediate calculations.) |
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Security Of Computerisation In Accounting And Auditing System
Authors: M.S. Baghel
1st Edition
8178801132, 978-8178801131
