Question 1 Capital balances in Fine Co. are Saleh $50,000. Emad S35,000, and Mona $30,000....
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Question 1 Capital balances in Fine Co. are Saleh $50,000. Emad S35,000, and Mona $30,000. Saleh and Emad each agree to pay Mona $20,000 from their personal assets. Saleh and Emad each receive 50% of Mona's equity. The partners share income equally, Saleh's capital balance after recording withdrawal of Mona is 50000 40000 65000 20000
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