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When a Newly Admitted Partner Pays a Bonus to the Existing

question 141

True/False

When a newly admitted partner pays a bonus to the existing partners,the new partner's capital account is credited.

Analyze the effects of external factors on market prices and quantities.
Understand the principles of personal finance and investment strategy.
Grasp the basics of supply, demand, and price elasticity.
Understand the impact of substitute goods on market demand.

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