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to as points) the partnership of Moe, Larry and Curly have capital balances of S80,000 lach for a total partnership capital of $240,000. They share

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to as points) the partnership of Moe, Larry and Curly have capital balances of S80,000 lach for a total partnership capital of $240,000. They share income and at the ratio of 5:3:2. On December 15, 2011 they decide to admit shep as a partner A. Shep pays $20,000 to each of the existing partners for a 25% interest. Use the bonus method. into the partnership for a 25% interest. Use Shep invests $80,000 cash the bonus method. B. 0,000 cash into the partnership for a 25% interest. Use the bonus method

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