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Business, 10.05.2021 23:00 dorafacegirl

Eden acquired a 20% interest in the partnership by contributing a total of $71,500 directly to the other four partners. Goodwill is to be recorded. Profits and losses have previously been split according to the following percentages: Adams, 15%; Barnes, 35%; Cordas, 30%; and Davis, 20%. After Eden made his investment, what were the individual capital balances

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Eden acquired a 20% interest in the partnership by contributing a total of $71,500 directly to the o...
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