DE12-13 Refer to the partnership balance sheet of Page and Franco near the top of page 478
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DE12-13 Refer to the partnership balance sheet of Page and Franco near the top of page 478 and the paragraph immediately following the balance sheet. Assume Everett invests $140,000 to acquire a 30% interest in the new partnership of Page, Franco, and Everett. Journalize the partnership's receipt of cash from Everett.
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Related Book For
Accounting
ISBN: 9780130906991
5th Edition
Authors: Charles T. Horngren, Walter T. Harrison, Linda S. Bamber, Betsy Willis, Becky Jones
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