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Kirk invests S60,000 for a one third interest in a partnership in which two other...

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Accounting

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Kirk invests S60,000 for a one third interest in a partnership in which two other partners, Steve and Paul had capitals totaling $60,000 before admitting Kirk. What amount will be credited to ? a $30,000 b. 560,000 c. $40,000 d. 390.000

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