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Business, 30.08.2019 14:00 jroig42

Paul and roger are partners who share income in the ratio of 3: 2. their capital balances are $90,000 and $130,000, respectively. income summary has a credit balance of $50,000 after the second closing entry. what is paul’s capital balance after closing income summary to the capital accounts?

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

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