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Peters and Chong are partners and share equally in income or loss. Peters' current capital...

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Accounting

Peters and Chong are partners and share equally in income or loss. Peters' current capital balance is $240,000 and Chong's is $230,000. Peters and Chong agree to accept Aaron with a 30% interest in the partnership. Aaron invests $208,000 in the partnership. The amount credited to Aaron's capital account is:

$134,400.

$218,000.

$203,400.

$448,000.

$208,000.

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