W and X are partners who have agreed to admit Y, who will invest $15,000 for a 20 percent interest. The previous capital balances were $15,000 and $30,000 for W and X, respectively. W and X had shared profits and losses equally. What amount will be recorded in Y's Capital account?
A) $6,000 credit
B) $12,000 credit
C) $15,000 credit
D) $9,000 credit

Question

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The Answer of W and X are partners who have agreed to admit Y, who will invest $15,000 for a 20 percent interest. The previous capital balances were $15,000 and $30,000 for W and X, respectively. W and X had shared profits and losses equally. What amount will be recorded in Y's Capital account?
A) $6,000 credit
B) $12,000 credit
C) $15,000 credit
D) $9,000 credit

W and X Are Partners Who Have Agreed to Admit