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RP and JP formed the RJ Blues Brothers Company with capital balances of 80,000 and 40,000, respectively. P&L ratio is 3:2. They agreed to accept

RP and JP formed the RJ Blues Brothers Company with capital balances of 80,000 and 40,000, respectively. P&L ratio is 3:2. They agreed to accept Josh for a 1/3 interest in exchange for 30,000. Imm...

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