-Refer to the above information.Which statement below is correct if a new partner receives a bonus upon contributing assets into the partnership?

Name: -Refer to the above information.Which statement below is correct if a new partner receives a bonus upon contributing assets into the partnership? A)B A and D = C + A C)A = B and A = D + C D)B > A and C = D + A
Brand: Quizplus
Rating: 4.9 (46 reviews)

Question

-Refer to the above information.Which statement below is correct if a new partner receives a bonus upon contributing assets into the partnership?
A)B < A and D = C − A 
B)B > A and D = C + A 
C)A = B and A = D + C 
D)B > A and C = D + A

Quizplus · Accepted Answer

The bonus received by the new partner is added to the capital accounts of the existing partners.

-Refer to the Above Information