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In ther business partnership, George has an ownership interest of 56% and Ben has an o ne shp interest of 44% n the current year,
In ther business partnership, George has an ownership interest of 56% and Ben has an o ne shp interest of 44% n the current year, they purchase equipment for S10 200 In ar er to finance the eq ment purchase, George makes a cash contribution of $6,800 and Ben makes a cash contribution of $3,400 to the partnership. Based on the information provided, which of the following is true regarding the partnership balance sheet? O A. George, Capitail will increase by $6,800 and Ben, Capital will increase by $3,400 OB. George, Capital will increase by $5,712 and Ben, Capital will increase by $4,488 O C. Both Gearge, Capital and Ben, Capital will increase by $10,200 D. George. Captal will increase by $10,200 and Ben, Capital wil remain unchanged
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