Menu
support@graduatecourseshelp.com
+1(805) 568 7317

a local dental partnership has been liquidated and the final capital balances are as 738141

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

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

$ 60,000

Kaporale, capital (30%) . . . . . . . . . . . . . . . . . . . . . . . . . . .

20,000

Dennsmore, capital (20%) . . . . . . . . . . . . . . . . . . . . . . . . .

(30,000)

Rasputin, capital (10%). . . . . . . . . . . . . . . . . . . . . . . . . . . .

(50,000)

If Rasputin contributes additional cash of $20,000 to the partnership, what should happen to it?

"Order a similar paper and get 15% discount on your first order with us
Use the following coupon
"GET15"

Order Now