What is the balance of irving capital account

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Reference no: EM13144063

On November 30,capital balances are Gast $120,000,Cook$100,000 and Iriving $100,000.The income ratios are 20%,20%,and 60% respectively.Gast decides to retire from the partnership. The partnership pays Gast $100,000 cash for her partnership interst.After Gast's retirement,what is the balance of Irving's capital account?

Reference no: EM13144063

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