Question: tena and jen are partners with Capital balances of $24000 and $70000, respectively. They share profits and losses in a 32 : 68 ratio. tena

tena and jen are partners with Capital balances of $24000 and $70000, respectively. They share profits and losses in a 32 : 68 ratio. tena and jen admit to a 7 percent interest in a new partnership when phyllis invests $ 21000 in the business. a. Compute the bonus to tena and jen. b. Journalize the partnership's receipt of phyllis's investment on June 12. c. What is each partner's Capital in the new partnership

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