Andrea Riley retires from the partnership of Jaggard, Pester, and Riley. She receives $85,000 of…


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25

Andrea Riley retires from the partnership of Jaggard, Pester, and Riley. She receives $85,000 of… 1 answer below ยป Andrea Riley retires from the partnership of Jaggard, Pester, and Riley. She receives $85,000 of partnership assets in settlement of her capital balance of $81,000. Assuming that the income-sharing ratios are 5:3:2, respectively, how much of Riley”s bonus is debited to Pester”s capital account? Jun 11 2014 04:12 PM

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25