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Clark and Mortel admit Mey to their partnership, we Mng paying $42,000 more than the book value of her guy in the new business. Clark

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Clark and Mortel admit Mey to their partnership, we Mng paying $42,000 more than the book value of her guy in the new business. Clark and Mortal hovoro formal profit and for sharing agreement. What effect does admiting Masih partnership have on the capable of Clark and More O A Cannot be determined because there's no pro and to sharing OB Credit the Clark and Montal capital accounts for $21,000 each Oc Credit the Clark and Montal capital counts for $42.000 each OD. Debit the Clark and Montel capital accounts for $21,000 each

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