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j Friends Partnership has three partners. The balance of each partner' capital is: Alia $48,000; Mariam $50,000 and Fatima $52,000. Alla withdraws from the Partnership.
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Friends Partnership has three partners. The balance of each partner' capital is: Alia $48,000; Mariam $50,000 and Fatima $52,000. Alla withdraws from the Partnership. The remaining partners, Mariam and Fatima, agreed to pay cash of $56,000 for Alia from partnership. The partners share income and loss equally. Required How much is the capital balance for the remaining partners Mariam and Fatima after the withdrawal of Alia Step by Step Solution
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