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A & B Form a Partnership

Question 39

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A & B form a partnership.A invest $35,000 and B Invests $55,000.After 10 years the partnership is dissolved.The net income in the last year is $25,000 and both partners agree to take 10% interest on their initial capital investment and share profit and loss equally.Assume all liabilities have been paid.
Instructions: Calculate the minimal ending capital balance for both partners' upon dissolution assuming there is enough cash for disbursement upon dissolution.

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