{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-14T02:22:15-04:00", "answer_date": "2024-06-14 02:22:15", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "3016223", "url": "\/study-help\/questions\/partnership-abc-was-formed-7-years-ago-with-each-partner-3016223", "question_creation_date_js": "2024-06-14T02:22:15-04:00", "question_creation_date": "Jun 14, 2024 02:22 AM", "meta_title": "[Solved] Partnership ABC was formed 7 years ago wi | SolutionInn", "meta_description": "Answer of - Partnership ABC was formed 7 years ago with each partner contributing $100,000 cash. Now, a new partner is looking to | SolutionInn", "meta_keywords": "partnership,abc,formed,7,years,ago,partner,contributing,$100,000,cash,new,looking", "question_title_h1": "Partnership ABC was formed 7 years ago with each partner contributing $100,000 cash. Now, a new partner is looking to invest for $500,000.how would this", "question_title": "Partnership ABC was formed 7 years ago with each partner contributing $100,000", "question_title_for_js_snippet": "Partnership ABC was formed 7 years ago with each partner contributing $100,000 cash Now, a new partner is looking to invest for $500,000 how would this benefit the new partner ABC partnership is already very profitable Would the goodwill method be used in this situation ", "question_description": "

Partnership ABC was formed 7 years ago with each partner contributing $100,000 cash. Now, a new partner is looking to invest for $500,000.how would this benefit the new partner? ABC partnership is already very profitable. Would the goodwill method be used in this situation?<\/p>", "transcribed_text": "", "related_book": { "title": "Essentials of Accounting for Governmental and Not-for-Profit Organizations", "isbn": "007352705X, 978-0073527055", "edition": "10th Edition", "authors": "Paul A. Copley", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/77.jpg", "uri": "\/textbooks\/essentials-of-accounting-for-governmental-and-not-for-profit-organizations-10th-edition-77", "see_more_uri": "" }, "free_related_book": { "isbn": "9788121507691", "uri": "\/textbooks\/jahangir-and-the-jesuits-account-of-the-travels-of-benedict-goes-by-fernao-guer-1st-edition-9788121507691-213632", "name": "Jahangir And The Jesuits Account Of The Travels Of Benedict Goes By Fernao Guer", "edition": "1st Edition" }, "question_posted": "2024-06-14 02:22:15", "see_more_questions_link": "\/study-help\/questions\/business-human-resource-management-2020-May-22", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/gomez-auto-parts-inc-reported-the-following-comparative-income-statement", "description": "Gomez Auto Parts, Inc., reported the following comparative income statement for the years ended April 30, 2012 and 2011. 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