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Question on: JAMB Accounting - 1998

Umar and Ahemed share profit and losses equally and have capital balances of N40,000 and N60,000 respectively. If bdullahi purchases one-third interest with no bonus, how much will he have to contribute to the partnership?
A
N33,333
B
N40,000
C
N44,444
D
N50,000
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Correct Option: A

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