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Question 26 A and B are in partnership sharing profits and losses in the ratio 3.2 respectively. Profit for the year was $86,500 The partners'

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Question 26 A and B are in partnership sharing profits and losses in the ratio 3.2 respectively. Profit for the year was $86,500 The partners' capital and current account balances at the beginning of the year were as follows: A B $ $ Current accounts 5,750CR 1,200CR Capital accounts 10,000CR 8,000CR A's drawings during the year were $4,300, and B's were $2,430. What should A's current account balance be at the end of the year? A $51,900 B $57,650 C$53,350 D $61,950 Confirm Skip

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