Question

A local dental partnership has been liquidated and the final capital balances are as follows:
Atkinson, capital (40% of all profits and losses) . . . . . . . . . . $ 60,000
Kaporale, capital (30%) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000
Dennsmore, capital (20%) . . . . . . . . . . . . . . . . . . . . . . . . . . (30,000)
Rasputin, capital (10%) . . . . . . . . . . . . . . . . . . . . . . . . . . . . (50,000)
If Rasputin contributes additional cash of $20,000 to the partnership, what should happen to it?



$1.99
Sales3
Views266
Comments0
  • CreatedOctober 04, 2014
  • Files Included
Post your question
5000