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A partnership began its first year with the following capital balances: Adrian, capital 26,000 Brian, capital.52,000 Charles, capital..117,000 David, capital156,000 Edgar contributes $49,000 into the
A partnership began its first year with the following capital balances: Adrian, capital 26,000 Brian, capital.52,000 Charles, capital..117,000 David, capital156,000 Edgar contributes $49,000 into the partnership for a 25% interest. The four original partners share profits and losses equally. Using the bonus method, the capital balance for Adrian after Edgar joins the partnership is Answer 13,250 39,250 12,750 26,000 51,000
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