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Todd invests 100,000 cash using the bonus method: The capital balances at the beginning of the year are chad (40%)80K Adam(40%)50K,Alex(20%)65K How

Todd invests 100,000 cash using the bonus method:

The capital balances at the beginning of the year are chad (40%)80K Adam(40%)50K,Alex(20%)65K


How is the bonus method total calculated?

Top Answer

100000 cash will be allocated to the partners in profit sharing ratio percentage. Total capital... View the full answer

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