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Jenny, Daniel, and Mason have the following capital balances: $ 3 0 , 0 0 0 , $ 5 0 , 0 0 0 and

Jenny, Daniel, and Mason have the following capital balances: $30,000,$50,000 and $46,000 respectively. The partners share profits and losses 30%,30%, and 40% respectively. Consider the following five independent transactions:
a. Daniel retires and is paid $75,200 based on the terms of the original partnership agreement. If the bonus method is used, what is the capital balance of Mason after the transaction?
b. Daniel retires and is paid $68,000 based on an independent appraisal of the business. If the goodwill method is used, what is the capital balance of Mason after the transaction?
Answer:
c. The three partners agree to admit Lisa for a 20% interest. Lisa contributes $38,000 to the partnership. If the bonus method is used, what is the capital balance of Mason after the transaction?
Answer:
d. The three partners agree to admit Lisa for a 20% interest. Lisa contributes $23,000 to the partnership. If the bonus method is used, what is the capital balance of Mason after the transaction?
Answer:
e. The three partners agree to admit Lisa for a 30% interest. Lisa contributes $38,000 to the partnership. If the goodwill method is used, what is the goodwill being recorded?
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