Samuel and Darcy are partners. The partnership capital for Samuel is $50,000 and that of...
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Accounting
Samuel and Darcy are partners. The partnership capital for Samuel is $50,000 and that of Darcy is $60,000. Josh is admitted as a new partner by investing $50,000 cash. Josh is given a 20% interest in return for his investment. The amount of the bounus to the old partners is?
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