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. Lauren is to invest cash equal to one-third of the total partnership capital. The new capital is based on the adjusted capital of Ralph,
. Lauren is to invest cash equal to one-third of the total partnership capital. The new capital is based on the adjusted capital of Ralph, which means that Ralph's adjusted capital represents two-thirds of the total partnership capital. 16.What is the adjusted balance of unearned interest income in the books of Ralph, prior to the formation of the partnership? 1?. What is the amortized cost of accounts receivable in vested by Ralph? 13. What is Ralph's adjusted capital balance? 19.What is the total partners' equity immediately after the formation of the partnership? 20.How much cash did Lauren invest in the partnership
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