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At aprill 30 partners capital balances in BAB Company are Barney $30,000. Andy $16,000 and Bea $15,000 . The income-sharing rations are 5:3:2 respectively .

At aprill 30 partners capital balances in BAB Company are Barney $30,000. Andy $16,000 and Bea $15,000 . The income-sharing rations are 5:3:2 respectively . On May 1 , the BABE Company is formed by admitting Ellen to the firm as a partner?

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