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Bill invested a building worth 27000 to the partnership for

Question - Frank and Harry are partners. Frank has a capital balance of $51,000 and Harry has a capital balance of $40,000. Bill invested a building worth $27,000 to the partnership for an ownership interest of 20%. Calculate Bill's capital in the new partnership.

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Accounting Basics: Bill invested a building worth 27000 to the partnership for

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Accounting Basics: Bill invested a building worth 27000 to the partnership for

Reference No:- TGS02875658

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