Before the admission of C, B decides to retire. The partnership pays B P180,000 as settlement of

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Before the admission of C, B decides to retire. The partnership pays B P180,000 as settlement of his partnership Interest. How much is the capital balance of A after the retirement of 3 but before the admission of C?

a). 140,000

b). 200.000

c). 260,000

d). 320,000

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Basic Finance An Introduction to Financial Institutions Investments and Management

ISBN: 978-1111820633

10th edition

Authors: Herbert B. Mayo

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Posted Date: Nov 15, 2020 07:04 AM

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Before the admission of C, B decides to retire. The partnership pays B P180,000 as settlement of

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Answer The correct option is D 320000 B ... View the full answer

Basic Finance An Introduction to Financial Institutions Investments and Management

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