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Business, 01.10.2019 23:30 sav0119

Patty and paul are partners who share income in the ratio of 3: 2. their capital balances are $90,000 and $130,000, respectively, on january 1. income summary has a credit balance of $40,000 at the end of the year. what is paul’s capital balance after closing income summary to the capital accounts? group of answer choices

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Patty and paul are partners who share income in the ratio of 3: 2. their capital balances are $90,00...

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