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What is harry capital balance

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Reference no: EM133177745

Question - Harry invests $40,000 for a one-fourth interest in a partnership in which the other partners have capital totaling $80,000 before admitting Harry. After distribution of the bonus, what is Harry's capital balance?

a. $10,000

b. $20,000

c. $30,000

d. $40,000

Reference no: EM133177745

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