Business
Business, 01.01.2021 01:00, keiannabmoss

Peters and Chong are partners and share equally in income or loss. Peters' current capital balance is $140,000 and Chong's is $130,000. Peters and Chong agree to accept Aaron with a 30% interest in the partnership. Aaron invests $98,000 in the partnership. The amount credited to Aaron's capital account is:

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Peters and Chong are partners and share equally in income or loss. Peters' current capital balance i...

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