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Jo and Nee are partners have partnership capital account balances of $360,000 and $270,000, respectively and share profits and losses equally. Lee is admitted to

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Jo and Nee are partners have partnership capital account balances of $360,000 and $270,000, respectively and share profits and losses equally. Lee is admitted to the partnership by investing $150,000 for a one- fourth ownership interest. The balance of Nee's Capital account after Lee is admitted is .a $270,000 .b $247,500 . $195,000 .d $292,500

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