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The Statement of Financial Position of the XY partnership on December 3 1 , 2 0 2 4 , appears below. Cash Other Assets $
The Statement of Financial Position of the XY partnership on December appears below. Cash Other Assets $ Liabilities X Capital Y Capital $ Total $ $ X and Y share profits and losses in the ratio : Each of the following questions is independent of the others. Refer to the above information. Assume that Z invests $ cash into the XY partnership for a onefifth interest in partnership capital and profits, and the total firm capital of the XYZ partnership is $ What is the capital balance of Y after Z is admitted into the partnership? a $ O b $ O c $ d $
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