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Chan and Hamid are partners and share equally in income or loss. Chan's current capital balance is RM135,000 and Hamid's is RM120,000. Chan and Hamid

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Chan and Hamid are partners and share equally in income or loss. Chan's current capital balance is RM135,000 and Hamid's is RM120,000. Chan and Hamid agree to accept Flash with a 30% interest in the partnership. Flash invests RM115,000 in the partnership. The amount credited to Flash's capital account is: Select one: a. RM120,000. b. RM115,000. c. RM92,500. d. RM111,000

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