RD formed a partnership on February 10, 2009. R contributed cash of $150,000, while D contributed… Assignment Help


RD formed a partnership on February 10, 2009. R contributed cashof 0,000, while D contributed inventory with a fair value of$120,000. Due to R’s expertise in selling, D agreed that R shouldhave 60 percent of the total capital of the partnership. R and Dagreed to recognize goodwill. What is the total capital of the RDpartnership and the capital balance of R after the goodwill isrecognized?……Total Capital…………R, CapitalA)        $450,000………$270,000B)        $330,000……….$198,000C)       $300,000……….$180,000D)       $270,000……….$162,000     A. Option AB. Option BC. Option CD. Option D

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