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Brian and Landry are partners who share income and losses in the ratio of 3:2, respectivelyOn August 31, their capital balances were Brian, $134000 and
Brian and Landry are partners who share income and losses in the ratio of 3:2, respectivelyOn August 31, their capital balances were Brian, \$134000 and Landry$ 124000. On that date, they agree to admit Neumark as a partner with a one-third capital interest. If Neumark invests $93000 in the partnership, what is Brian's capital balance after Neumark's admittance?
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H1tro9e 412bir Brian and Landry are partners who share Brian, $134000 and Landry, $124000. On Neumark invests $93000 in the partnershi $134000 $119600 $117000 $123667 Brian and Landry are partners who share income and losses in the ratio of 3:2, respectively. On August 31 , their capital balances we Brian, $134000 and Landry, $124000. On that date, they agree to admit Neumark as a partner with a one-third capital interest. If Neumark invests $93000 in the partnership, what is Brian's capital balance after Neumark's admittance? $134000$119600$117000$123667 Step by Step Solution
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