Business, 25.06.2021 04:40 towlesam

In 2021, Baba joins the fellowship of Bobo and Bona. To get 30% ownership in the partnership, Baba makes a deposit in the form of: cash – 400,000; equipment 150,000; debt of 50,000. The agreements in the M & M Guild are:

The distribution of profit (loss) is carried out in proportion to the initial capital.

Question:

Make the required Journal for Baba's entry!
Make a calculation of the change in the composition of the new partnership capital (after Baba enters) !
How much is Bobo & Bona's capital after Baba came in?

In 2021, Baba joins the fellowship of Bobo and Bona. To get 30% ownership in the partnership, Baba

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In 2021, Baba joins the fellowship of Bobo and Bona. To get 30% ownership in the partnership, Baba m...

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