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John has been running a sole proprietor ship but is now forming a new partnership with RJ. after adjusting assets to fair value, Nick has
John has been running a sole proprietor ship but is now forming a new partnership with RJ. after adjusting assets to fair value, Nick has a capital balance of $23,000. RJ contributed $15,000 to receive a 40% interest in the partnership. Calculate the amount and recipient of the bonus. please show work as well. 
2. Johnhas been running a sole proprietorship but is now forming a new partnership with Rs After adjusting assets to fair value, Nick has a capital balance of $23,000. R5 ontributes $15,000 to receive a 40% interest in the partnership. Calculate the amount and recipient of the bonus: (6 points) Step by Step Solution
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Principles Of Auditing An Introduction To International Standards On Auditing
Authors: Rick Stephan Hayes, Roger Dassen, Arnold Schilder, Philip Wallage
2nd Edition
0273684108, 978-0273684107
