What is the partnership agreed capital

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Problem 1: Bea and Gerald are partners who has a capital of ?90,000 each and share profits and losses equally. The offer is to admit Julia for one-third interest in the firm upon her investment of an amount equal to the agreed capital as a new partner. What is the partnership's agreed capital?

A) ?180,000
B) ?135,000
C) ? 90,000
D) ?270.000

Reference no: EM132737756

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