SAT
SAT, 26.10.2021 09:40, Wemaybewrong

rd formed a partnership on february 10, 2009. r contributed cash of $150,000, while d contributed inventory with a fair value of $120,000. due to r's expertise in selling, d agreed that r should have 60 percent of the total capital of the partnership. r and d agreed to recognize goodwill. what is the total capital of the rd partnership and the capital balance of r after the goodwill is recognized?

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rd formed a partnership on february 10, 2009. r contributed cash of $150,000, while d contributed in...

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