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Motts Is Admitted to a Partnership with a 25% Capital

Question 78

Multiple Choice

Motts is admitted to a partnership with a 25% capital interest by a cash investment of $90000. If total capital of the partnership is $390000 before admitting Motts the bonus to Mock is


A) $30000.
B) $15000.
C) $45000.
D) $60000.

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