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2. Assume that Benson does not retire from the partnership described in Part 1. Instead, Rhode is admitted to the partnership on February 1 with

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2. Assume that Benson does not retire from the partnership described in Part 1. Instead, Rhode is admitted to the partnership on February 1 with a 25% equity. Prepare journal entries to record Rhode's entry into the partnership under each separate assumption: Rhode invests (a) $83,333; (b) $60,833, and ($109.166. (Do not round your intermediate calculations.) 2 View transaction list Journal entry worksheet 1 2 3 > . Record the admission of Rhode with an investment of $60,833 for a 25% Interest in the equity. Note: Enter debits before credits rices General Journal Credit Transaction (b) Debit 00.833 Cash Record entry Clear entry View general Journal Record the admission of Rhode with an investment of $109,166 for a 25% Interest in the equity. Note: Enter debts before credits General Journal Dell Credit Transaction (0)

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