Martha and Sam are co-owners of a business. Martha's initial capital was ?200,000 and Sam's...
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Accounting
Martha and Sam are co-owners of a business. Martha's initial capital was ?200,000 and Sam's was ?150,000. During the year, Martha and Sam made additional investments of ?20,000 and ?15,000 respectively. The business incurred a net loss of ?30,000, which is to be shared in the ratio of their original capital contributions. Compute the ending capital balances for both Martha and Sam.
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