Question
Problem 12-04A a-b At April 30, partners' capital balances in Carla Vista Company are G. Donley $51,600, C. Lamar $45,800, and J. Pinkston $18,400. The
Problem 12-04A a-b
At April 30, partners' capital balances in Carla Vista Company are G. Donley $51,600, C. Lamar $45,800, and J. Pinkston $18,400. The income sharing ratios are 5 : 4 : 1, respectively. On May 1, the PDLT Company is formed by admitting J. Terrell to the firm as a partner.
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
6th edition
1259864235, 1259864230, 1260159547, 126015954X, 978-1259864230
