Multiple Choice
Mindy and Heather are partners who have agreed to allow Carol to purchase Heather's share for a direct payment of $20,000 to Heather.Mindy and Heather's previous capital balances were $8,000 and $12,000,respectively.What will be the amount in Carol's capital account?
A) $20,000
B) $8,000
C) $12,000
D) some other number
Correct Answer:

Verified
Correct Answer:
Verified
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