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Business, 11.03.2020 04:26 swkgp3cevk

Lamar’s capital balance is $36,200 after admitting Terrell to the partnership by investment. If Lamar’s ownership interest is 20% of total partnership capital, what were (1) Terrell’s cash investment and (2) the bonus to the new partner?

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Lamar’s capital balance is $36,200 after admitting Terrell to the partnership by investment. If Lama...
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