Multiple Choice
Joan and Helen are partners who have agreed to allow Carol to purchase Helen's share for a direct payment of $36,000 to Helen. Joan and Helen's previous capital balances were $10,000 and $17,000, respectively. What will be the amount in Carol's capital account?
A) $17,000
B) $10,000
C) $36,000
D) Some other number
Correct Answer:
Verified
Correct Answer:
Verified
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