FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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1β. L and M participate in the limited liability company "L" with participation percentages of 70% and 30% respectively in the capital amounting to 100.000€.It is decided to increase the capital by 40.000€as well as to take over part of the capital from the new partner C. The participation percentages of the partners after the entry of partner C in the company will be as follows L 60%, M 25%, C 15%. It is requested to determine the amount of additional capital to be paid by the partners and to make the relevant
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