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This Question: 3 pts 21 of 34 (0 complete) This Test: 100 pts possi Question Help In their business partnership, George has an ownership interest

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This Question: 3 pts 21 of 34 (0 complete) This Test: 100 pts possi Question Help In their business partnership, George has an ownership interest of 55% and Ben has an ownership interest of 45% in the current year, they purchase equipment for $9,900. In order to finance the equipment purchase, George makes a cash contribution of $7,400 and Ben makes a cash contribution of $2,500 to the partnership. Based on the information provided which of the following is true regarding the partnership balance sheet? O A. George, Capital will increase by $7,400 and Ben, Capital will increase by $2,500 O B. Both George, Capital and Ben, Capital will increase by $9,900 O C. George. Capital will ncrease by $9,900 and Ben, Capital will remain unchanged O D. George, Capital will increase by $5,445 and Ben, Capital will increase by $4.455

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