Multiple Choice
Bill, Carl, and Dwayne are in a partnership. Dwayne decides to withdraw from the partnership by selling his interest to Ethel. Bill and Carl agree to this. Bill's Capital account and Carl's Capital account
A) will not be affected when Ethel is admitted
B) will decrease when Ethel is admitted
C) will increase when Ethel is admitted
D) cannot be determined from the information given
Correct Answer:
Verified
Correct Answer:
Verified
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