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In their businesspartnership, George has an ownership interest of59% and Ben has an ownership interest of41%. In the currentyear, they purchase equipment for$10,100. In order

In their businesspartnership, George has an ownership interest of59% and Ben has an ownership interest of41%. In the currentyear, they purchase equipment for$10,100. In order to finance the equipmentpurchase, George makes a contribution of$7,400 and Ben makes a contribution of$2,700 to the partnership. Based on the informationprovided, which of the following is true regarding the partnership balancesheet?

A.

BothGeorge, Capital andBen, Capital will increase by$10,100.

B.

George, Capital will increase by$5,959 andBen, Capital will increase by$4,141.

C.

George, Capital will increase by$7,400 andBen, Capital will increase by$2,700.

D.

George, Capital will increase by$10,100 andBen, Capital will remain unchanged.

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