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Business, 21.02.2020 22:41 mslamaya11

Chase and Hutch are partners and share equally in income or loss. Chase's current capital balance is $ 75,000 and Hutch's is $120,000. Chase and Hutch agree to accept Frank with a 30% interest in the partnership. Frank invests $90,000 in the partnership. The amount credited to Frank's capital account is:

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