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Question - A local dental partnership has been liquidated and the final capital balances are as follows:

Atkinson, capital (40% of all profits and losses)

$70,000

Kaporale, capital (30%)

30,000

Dennsmore, capital (20%)

(42,000)

Rasputin, capital (10%)

(58,000)

If Rasputin contributes additional cash of $23,000 to the partnership, what should happen to it?

Reference no: EM132161918

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