A and B are partners in a firm having a capital of $54,000 and $36,000 respectively. They

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A and B are partners in a firm having a capital of $54,000 and $36,000 respectively. They admitted C for 1/3rd share in the profits C brought a proportionate amount of capital. What would be the Capital brought in by C ?

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Advanced Financial Accounting

ISBN: 978-0078025624

10th edition

Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker

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Posted Date: Mar 22, 2023 06:48 AM

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A and B are partners in a firm having a capital of $54,000 and $36,000 respectively. They

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Advanced Financial Accounting

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