Question: Multiple Choice Question R . Aviva purchases 5 0 % of N . Carriere's capital interest in the Carriere and Deng partnership for $ 2

Multiple Choice Question
R. Aviva purchases 50% of N. Carriere's capital interest in the Carriere and Deng partnership for $20,000. Select the statement that is correct about this transaction. (Check all that apply).
Multiple choice question.
The net assets, liabilities and total equity are not affected by this transaction.
This is a transaction between R. Aviva and the partnership..
A new partnership agreement is not needed.
Cash and R. Aviva, Capital are increased.

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