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I do not know how to explain Bonus method for accounting in a memo. Communication When the partnership was admitting Tom, the existing partners John

I do not know how to explain "Bonus method" for accounting in a memo.

Communication

When the partnership was admitting Tom, the existing partners John and Jane did not understand the accounting method used to admit a new partner. explain in a brief memo to John and Jane the bonus method for accounting for the admission of Tom to the partnership.

To: John and Jane

From: CPA Candidate

Re: Admission of new partner

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