The partners in the Biz Partnership have agreed that partner Madonna may sell her $90,000 equity in
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The partners in the Biz Partnership have agreed that partner Madonna may sell her $90,000 equity in the partnership to Streisand, for which Streisand will pay Madonna $75,000. Present the partnership’s journal entry to record the sale of Madonna’s interest to Streisand on September 30.
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Related Book For 
Fundamental Accounting Principles
ISBN: 9780072946604
17th Edition
Authors: Kermit D. Larson, John J Wild, Barbara Chiappetta
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