How much is the total bonus for the existing partners


Question: Keith and Zhuying are partners. Keith has a capital balance of $53,000 and Zhuying has a capital balance of $40,000. Bill contributes a building with a fair market value of $30,000 to the partnership for an ownership interest of 20%. How much is the total bonus for the existing partners? O $10,000 O $15,000 O $5,400 O $30,000

 

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Accounting Basics: How much is the total bonus for the existing partners
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