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What is the capital of john and joseph after admitting jude

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Question 1: John and Joseph capital is ?900,000 and ?600,000, respectively. Profit share ratio, 6:4. Jude invested ?500,000 for a 30% interest in the partnership. What is the capital of John and Joseph after admitting Jude?

a. 560,000; 840,000

b. 840,000; 560,000

c. 600,000; 900,000

d. 900,000; 600,000

Reference no: EM132891278

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