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Who will receive the bonus if investment of a new partners

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Problem 1: Bill, Carl, and Dwayne are in a partnership. Dwayne decided that he wants to withdraw from the partnership by selling his interest to Ethel. Bill and Carl agreed to such. Bill's Capital account and Carl's Capital account

a. will not be affected when Ethel is admitted.

b. will surely decrease.

c. will surely increase.

d. all of the above

Problem 2: Who will receive the bonus if the investment of a new partner exceeds the new partner's initial capital balances?

a. The new partner

b. The old partners, using their old profit and loss ratio

c. The old partners, using their new profit and loss ratio

d. The old and new partners in their new profit and loss ratio

Reference no: EM132744858

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