Business, 06.08.2019 01:20 JocelynC24
On november 30, capital balances are roses $299000, ellis $258000 and gise $258000. the income ratios are 20%, 20% and 60%, respectively. roses decides to retire from the partnership. the partnership pays roses $342000 cash for her partnership interest. after rose’s retirement, what is the balance of ellis’s capital account?
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On november 30, capital balances are roses $299000, ellis $258000 and gise $258000. the income ratio...
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