Du-sik joins the partnership of Hye- Jin and Gam-ri by paying P30,000 in cash. If the net assets of the partnership are still the same amount after Du-sik has been admitted as a partner, then Du-sik * must have been admitted by investment of assets. must have been admitted by purchase of a partner's interest. must have received a bonus upon being admitted. could have been admitted by an investment of assets or by a purchase of a partner's interest.
Du-sik joins the partnership of Hye- Jin and Gam-ri by paying P30,000 in cash. If the net assets of the partnership are still the same amount after Du-sik has been admitted as a partner, then Du-sik * must have been admitted by investment of assets. must have been admitted by purchase of a partner's interest. must have received a bonus upon being admitted. could have been admitted by an investment of assets or by a purchase of a partner's interest.
Chapter20: Corporations And Partnerships
Section: Chapter Questions
Problem 55P
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