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Question 12 (4 points) Thandie and Marco are partners with capital balances of $60,000 each. They share profits and losses at
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Answer #1

Total capital balance after Chri's admittance = $60,000 + $60,000 + $30,000

= $150,000

Chri's capital balance = $150,000 / 3

= $50,000

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