1. Assume JOSHUA is admitted by purchase of 40% each of the original partners' interest: A. Prepare...

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1. Assume JOSHUA is admitted by purchase of 40% each of the original partners' interest: A. Prepare the journal entry to record the admission of JOSHUA. B. Calculate the amounts received by HERBERT, and IRENEO, P for their respective partnership interest transferred to JOSHUA. 2. Assume JOSHUA is admitted by investing the P43,875 to the partnership: a. Prepare the entry for the admission of JOSHUA

Posted Date: Jun 22, 2024 08:11 PM

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1. Assume JOSHUA is admitted by purchase of 40% each of the original partners' interest: A. Prepare...

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