Multiple Choice Question
Zeke invests $150,000 and is admitted as an equal partner. The goodwill method is used. Capital accounts of the partners after Zeke's admission are
a. Thomas $160,000, Renee $120,000, Oscar $80,000, Yvonne $40,000, Zeke $150,000.
b. Thomas $172,500, Renee $132,500, Oscar $92,500, Yvonne $52,500, Zeke $100,000.
c. Thomas $170,000, Renee $130,000, Oscar $90,000, Yvonne $50,000, Zeke $110,000.
d. Thomas $210,000, Renee $170,000, Oscar $130,000, Yvonne $90,000, Zeke $150,000.