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0 On December 31, 2020. Jim Auton and Mae Marning ugree to combine theile sole proprietorships into a ponership The balance shes on December 31

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0 On December 31, 2020. Jim Auton and Mae Marning ugree to combine theile sole proprietorships into a ponership The balance shes on December 31 as how som Click on the icon to view the balance sheet.) Required 1 Prepare the partnership balance sheet at December 1, 2020 in report format wing column 2. Atume for Able wants to join the partnership by paying 5214.000 for a travers the partnership any bufore date on ww2.000, and Im Auton and Manning shared proths percent or Mette and at para for Manning Prepare una entry to record Alession to the partnership on January 1, 2021 What percentage of the prolis well John Able recever becoming Requirement 1. Prepare the parties balance sheet December 2020. performante con Anton and Man Show December 2010 1907088centerwinyes 18 of 18 (16 complete) Balance sheet - X 5 39.000 107.000 34,000 42,000 by Cash Accounts receivable (net) Inventory Equipment (net) Total Assets 39,000 $ 117,000 261 000 617.000 34.000 $ 47,000 176 000 277 000 236.000 532.000 186 000 307.000 $ 1034.000 5 914,000 $ 534,000 $ 569,000 eel $ 20 58.000 5 14.500 58.000 14 500 Liabilities and Owner's Equity Accounts payable Accrued expenses payable Notes payable Jim Adon capital Mike Manning, capital Total liabilities and equity 129.000 S 14.500 275 000 615 500 129.000 14.500 275,000 495 500 461 500 496 500 $ 1.034 000 5 914.000 $ 534.000 $ 569.000 ind Print Done Requirement. Au John Able wants to join the potentip by paying $234.000 1/4 interest. The partnerskabsforu Johoin 5982,000 and am Aston and the Manning showed peoles perunt and 60 percent for Manning Prepare the ouma entry to record Alle into the partnership on January 2021 (Record debitsfest the credits. Explanations are not required Journal Date Accounts Debit Credit Requirement 3. What percentage of the profits win John Able encohen etter becoming a partner The old partnership agreement with Jim and Mke wit have to be and an agreement formed to cut John. During the formation of the new agreement Choose from any list of any in the mouties and then continuestion 18 Type here to search CL 0 On December 31, 2020. Jim Auton and Mae Marning ugree to combine theile sole proprietorships into a ponership The balance shes on December 31 as how som Click on the icon to view the balance sheet.) Required 1 Prepare the partnership balance sheet at December 1, 2020 in report format wing column 2. Atume for Able wants to join the partnership by paying 5214.000 for a travers the partnership any bufore date on ww2.000, and Im Auton and Manning shared proths percent or Mette and at para for Manning Prepare una entry to record Alession to the partnership on January 1, 2021 What percentage of the prolis well John Able recever becoming Requirement 1. Prepare the parties balance sheet December 2020. performante con Anton and Man Show December 2010 1907088centerwinyes 18 of 18 (16 complete) Balance sheet - X 5 39.000 107.000 34,000 42,000 by Cash Accounts receivable (net) Inventory Equipment (net) Total Assets 39,000 $ 117,000 261 000 617.000 34.000 $ 47,000 176 000 277 000 236.000 532.000 186 000 307.000 $ 1034.000 5 914,000 $ 534,000 $ 569,000 eel $ 20 58.000 5 14.500 58.000 14 500 Liabilities and Owner's Equity Accounts payable Accrued expenses payable Notes payable Jim Adon capital Mike Manning, capital Total liabilities and equity 129.000 S 14.500 275 000 615 500 129.000 14.500 275,000 495 500 461 500 496 500 $ 1.034 000 5 914.000 $ 534.000 $ 569.000 ind Print Done Requirement. Au John Able wants to join the potentip by paying $234.000 1/4 interest. The partnerskabsforu Johoin 5982,000 and am Aston and the Manning showed peoles perunt and 60 percent for Manning Prepare the ouma entry to record Alle into the partnership on January 2021 (Record debitsfest the credits. Explanations are not required Journal Date Accounts Debit Credit Requirement 3. What percentage of the profits win John Able encohen etter becoming a partner The old partnership agreement with Jim and Mke wit have to be and an agreement formed to cut John. During the formation of the new agreement Choose from any list of any in the mouties and then continuestion 18 Type here to search CL

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