JAMB - Accounts Principles Of Accounts (1998 - No. 33)

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?
N33,333
N40,000
N44,444
N50,000

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