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er 14 Sard Help Save & Exit Submit Check my work . The following is the current balance sheet for a local partnership of doctors
er 14 Sard Help Save & Exit Submit Check my work . The following is the current balance sheet for a local partnership of doctors Cash and current sets Land Building and equipment (net) $ 44,000 Liabilities 154,000 A, capital 142,000 B, capital c, costal D, capital $340,000 Totalo $ 46,000 26,000 46,000 95,000 120,000 3 340.000 Totato The following questions represent independent situations. a. E is going to invest enough money in this partnership to receive a 25 percent interest. No goodwill or bonus is to be recorded. How much should invest? b. E contributes $36,000 in cash to the business to receive a 10 percent interest in the partnership Goodwill is to be recorded Profits and losses have previously been split according to the following percentages: A, 30 percent, 8, 10 percent: C, 40 percent; and D, 20 percent. After E makes this investment, what are the individual capital balances? c. E contributes $50,000 in cash to the business to receive a 20 percent interest in the partnership. Goodwill is to be recorded. The four original partners share all profits and losses equally. After E makes this investment, what are the individual capital balances? d. E contributes $44,000 in cash to the business to receive a 15 percent interest in the partnership No goodwill or other asset revaluation is to be recorded. Profits and losses have previously been split according to the following percentages: A, 10 percent; B, 30 percent: C 20 percent and D, 40 percent. After E makes this investment, what are the individual capital balances? arrative from the artnerehin anne martha Ariminal anarhin namant le that in narrant of her
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