Umar and Ahemed share profit and losses equally and have capital balances of N40,000 and N60,000 respectively. If bdullahi purchases one-third interest with no bonus, how much will he have to contribute to the partnership?
A.
N33,333
B.
N40,000
C.
N44,444
D.
N50,000
Correct Answer: Option A
Explanation
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