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When Recording a Bonus to a New Partner, the New

Question 96

Multiple Choice

When recording a bonus to a new partner, the new partner will:


A) pay more than what the new partner's capital account will reflect.
B) pay the same as the other partners' capital accounts.
C) pay less than the new partner will receive in the capital account.
D) have no bonus recorded as a bonus cannot be paid to new partners.

Correct Answer:

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