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c. Assuming that every year the profit among different partners will be shared in the ration of 10%, 30% and 60%, and partners have to

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c. Assuming that every year the profit among different partners will be shared in the ration of 10%, 30% and 60%, and partners have to retain 75% of their share profits in the partnership in the case of profit. What are the balances of each partner's capital by the end of each year using both goodwill and bonus method (2015 and 2016)? c.1. The partnership made $10,000 in 2015 and had a loss of $20,000 in 2016 (Goodwill method) (5 points) c.2: The partnership made $15,000 in 2015 and had a loss of $25,000 in 2016 (bonus method) (5 points)

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