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B Invests $60,000 for a 25% Interest in a Partnership

Question 18

Multiple Choice

B invests $60,000 for a 25% interest in a partnership that has total capital of $200,000 after admitting B. Which of the following is true?


A) B's capital is $60,000.
B) B's capital is $35,000.
C) B received a bonus of $10,000.
D) The original partners received a total bonus of $10,000.

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