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  3. a partnership has the following capital balances:

A partnership has the following capital balances: Natalie (70% of gains and...

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Accounting

A partnership has the following capital balances:

Natalie (70% of gains and losses)..$200,000

Annie (30% of gains and losses).....$150,000

Rachel is going to pay a $80,000 to these two partners to acquire a 20% interest from each. Goodwill is to be recorded. Whats Natalies capital balance after the transaction?

A partnership has the following capital balances:

Natalie (70% of gains and losses)..$200,000

Annie (30% of gains and losses).....$150,000

Rachel is going to pay a $80,000 to these two partners to acquire a 20% interest from each. Goodwill is to be recorded. Whats Natalies capital balance after the transaction?

$216,000

$200,000

$188,000

$235,000

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