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Franco and elisa share income equally. during the current year the partnership net income was $40000. Franco made withdrawals of $12000 and elisa mae withdrawals of $17000. At the beginning of the year, the capital account balances were: franco capital, $40000; elisa capital, $58000. franco's capital account balance at the end of the year is ??

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Accounting Basics, Accounting

Category:- Accounting Basics
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