D. Givens purchases a 25% interest for $30,000 when the Suppan, Porter, James partnership has total capital of $270,000. Prior to

D. Givens purchases a 25% interest for $30,000 when the Suppan, Porter, James

partnership has total capital of $270,000. Prior to

D. Givens purchases a 25% interest for $30,000 when the Suppan, Porter, James

partnership has total capital of $270,000. Prior to the admission of Givens, each partner has a capital balance of $90,000. Each partner relinquishes an equal amount of his capital balance to Givens. The amount to be relinquished by James is a. $15,000. b. $19,000. c. $22,500. d. $37,500.​



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D. Givens purchases a 25% interest for $30,000 when the Suppan, Porter, James

partnership has total capital of $270,000. Prior to
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