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Qais & Zaki formed a partnership on February 10, 2009. Qais contributed cash of $150,000, while Zaki contributed inventory with a fair value of $120,000.

Qais & Zaki formed a partnership on February 10, 2009. Qais contributed cash of $150,000, while Zaki contributed inventory with a fair value of $120,000. Due to Qais's expertise in selling, Zaki agreed that Qais should have 60 percent of the total capital of the partnership. Qais and Zaki agreed to recognize goodwill. What is the total capital of the QZ partnership and the capital balance of Zaki after the goodwill is recognized? O a. Total capital $270,000 and Zaki, Capital $162,000 O b. Total capital $300,000 and Zaki, Capital $180,000 Oc. Total capital $450,000 and Zaki, Capital $270,000 O d. Total capital $350,000 and Zaki, Capital $198,000
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Qais \& Zaki formed a parinership on february 10, 2009, Qais contributed cash of \$150,000, while Zaki contributed inventory with a fair value of opreed to recognize poodwil. What is the fotal capital of the Q2 partnership and the capital balance of zaki affer the goodwill is recognized? a. Total capital $270,000 and Zaki, Capital $162,000 b. Total copital $300,000 and Zoki, Copital $180,000 1.. Totat coptal \$150,000 and Zoki, Copital $270,000 d. Totol copitol $50,000 and Zak, Copitol $198,000

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