Multiple Choice
Keith and Jim are partners.Keith has a capital balance of $50,000 and Jim has a capital balance of $38,000.Bill invested a building worth $30,000 to the partnership for an ownership interest of 20%.How much is the total bonus for the existing partners?
A) $30,000
B) $6400
C) $15,000
D) $8000
Correct Answer:
Verified
Correct Answer:
Verified
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