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What is c capital after the admittance of d

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Question - ABC Partnership has the following capital balances and profit and loss percentages.

A (40%) $100,000

B (30%) $200,000

C (30%) $300,000

D will pay a total of $200,000 to the partnership to acquire a 25% ownership interest. The goodwill method is to be used.

Required - What is C's capital after the admittance of D?

Reference no: EM132543095

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