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Lamars capital balance is $33,400 after admitting Terrell to the partnership by investment. If Lamars ownership interest is 20% of total partnership capital, what were
Lamars capital balance is $33,400 after admitting Terrell to the partnership by investment. If Lamars ownership interest is 20% of total partnership capital, what were (1) Terrells cash investment and (2) the bonus to the new partner?
Jourrall the admission Turre under sach of the fawr independent porta. (Credit occount tinutatically indented when Touristered Donat indien daardoriwers to decimal places, 35,275) 12 Terral presence in acthysyine best-$1,218) se Terrell purchases 33. Lanar's ownershipinterest by Paying Lanar 14 000 inch Terrell invests 563.600 a 30% ownershipinterest and bonuses are gento the old partners Terimata $43.200 130 walihude bath were 130 No. Account Titles and Explanation Debit Credit 1 Casita 9.200 CO 1927 Terrall, Capital 15.267 3. Com 3800 IT I Call AM Dorty Caplui - J.Pinante 970 4 Catch Curu Capta 1600 Daniel C J. Turrel, Capital -7,700 Ib) You Carro Awwww - Your My TL Larrerscatal balance is 533.400 after admitting Terrel to the perbership by westent. If Larrer's ownershipinterests 20% af tota partnere capital, wtu wer (1) Terra's cashi-nant and the best the new partner? 11 Tu sa SI 31200 12 Bonus to new $ 24500Step by Step Solution
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