Question: The E . N . D . partnership has the following capital balances as of the end of the current year: Pineda$ 1 2 0
The END partnership has the following capital balances as of the end of the current year: Pineda$ Adams Fergie Gomez Total capital$ Assume that the partners share profits and losses ::: respectively. Pineda retires and is paid $ based on the terms of the original partnership agreement. If the bonus method is used, what is the capital balance of the remaining three partners?
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