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What is the amount of the asset revaluation

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Question - Aliah, Alex, Arl sharing profits equally had capital balances of 100,000 each. Arlene invested 80,000 cash for 20% interest in the agreed capitalization of 500,000.

Required -

a. Using the revaluation method, who among the partners have a bonus and how much?

b. What is the amount of the asset revaluation?

c. What is the adjusted capital of each partner?

Reference no: EM132523902

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