Alex,Clinton,and Evan Are in a Partnership

question 143

Multiple Choice

Alex,Clinton,and Evan are in a partnership.Evan decides to withdraw from the partnership by selling his interest to Linsey.Alex and Clinton agree to this.Alex's Capital account and Clinton's Capital account

• A)will not be affected when Linsey is admitted
• B)will decrease when Linsey is admitted
• C)will increase when Linsey is admitted
• D)cannot be determined from the information given

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