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A 1 partnetship formed Partner related mortgage of $ 9 transfer cash $ 18 building...

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Accounting

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A 1 partnetship formed Partner related mortgage of $ 9 transfer cash $ 18 building valued at $ 27 and Partner B transfer cash $ 14 equipment valued at $ 6 B 2 partnership agreement salary remainder divided equally A $ 2 Net Income $ 3 47 10 % interest on capital to balance $ 3 disregard # 2 New partner admitted paying $ 14 for 30 96 interest A 1 partnetship formed Partner related mortgage of $ 9 transfer cash $ 18 building valued at $ 27 and Partner B transfer cash $ 14 equipment valued at $ 6 B 2 partnership agreement salary remainder divided equally A $ 2 Net Income $ 3 47 10 % interest on capital to balance $ 3 disregard # 2 New partner admitted paying $ 14 for 30 96 interest

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