The partnership has three partner t s and b with ending


Question - The partners capital statement for TSB company reported the following information in total. capital January 1 $240000, additional investment 80,000, drawing 160000 , net income 200000. The partnership has three partner T , S, and B with ending capital balances in a ratio 40:20:40, what are the respective ending balances of the three partner.

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Accounting Basics: The partnership has three partner t s and b with ending
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