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Find how much should be debited to alyssa interest

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Problem 1: Partners Alyssa and May divide profits and losses 6:4 with capital balances of $540,000 and $670,000 respectively. They agreed to admit Nica by her purchase of 1/4 of Alyssa's interest for $300,000. They agreed to write off Accounts Receivable worth $10,600. Fixed assets were under-depreciated by $30,000. Payments of accounts payable in the amount of $8,600 was not posted to the payable account. How much should be debited to Alyssa's interest?

Option 1: 127,620

Option 2: 128,910

Option 3: 130,200

Option 4: 300,000

Reference no: EM132934125

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