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The partnership of Tasha and Bill shares profits and losses in a 50:50 ratio, and the partners have capital balances of $39,000 each. Prepare a
The partnership of Tasha and Bill shares profits and losses in a 50:50 ratio, and the partners have capital balances of $39,000 each. Prepare a schedule showing how the bonus should be divided if Ashanti joins the partnership with a $75,000 investment. The partner's new agreement will share profit and loss in a 1:3 ratio. Total capital of Tasha and Bill $fill in the blank 1 Investment by new partner, Ashanti fill in the blank 2 Total capital of new partnership $fill in the blank 3 Ashanti's capital credit $fill in the blank 4 Total bonus to Tasha and Bill $fill in the blank 5
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