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Edwards and Frene -Dexter pexter d rofit and loss sharing percentages: 10e and the following...

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Edwards and Frene -Dexter pexter d rofit and loss sharing percentages: 10e and the following capit S200,000 Edwards 120,000 (20%) French 60,000 (10%) ed that Edwards will withdraw from -'(70% the partnership and receive his It is agreed e of any increase in the fair value over book tal balance plus his share value of in fair value is $100,000 inc p. Assume the total increase s capital ccount after the withdrawal of Edwards ? f the goodwill method is used, what is balance of French's capital b. i account after the withdrawal of Edwards

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