Question: Question 16 (6 points) Saved Johnny and Katie formed a partnership and agreed to divide initial capital equally, even though Johnny contributed $100,000 and Katie

Question 16 (6 points) Saved Johnny and Katie formed a partnership

Question 16 (6 points) Saved Johnny and Katie formed a partnership and agreed to divide initial capital equally, even though Johnny contributed $100,000 and Katie contributed $50,000 in identifiable assets. How much should Katie's unidentifiable asset be debited under the bonus appraoch to adjust the capital accounts? $25,000 $75,000 $150,000 $50,000 $0

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