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Business, 12.12.2019 05:31 ydesoto0513

Exercise 12-15 a-b foss, albertson, and espinosa are partners who share profits and losses 50%, 30%, and 20%, respectively. their capital balances are $117,000, $55,000, and $32,000, respectively. assume garrett joins the partnership by investing $81,600 for a 25% interest with bonuses to the existing partners. prepare the journal entry to record his investment. (credit account titles are automatically indented when amount is entered. do not indent manually.)

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Exercise 12-15 a-b foss, albertson, and espinosa are partners who share profits and losses 50%, 30%,...
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