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20 Kim and Smith have a business with equal share in profit and loss and $40,000 in each capital account. Sara is admitted to the
20 Kim and Smith have a business with equal share in profit and loss and $40,000 in each capital account. Sara is admitted to the partnership on Oct 1, 2017, after paying $50,000 to the partnership for 30% of interest. Prepare journal entry to show Sara's admission to the partnership
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A Guide To Effective Internal Management System Audits Implementing Internal Audits As A Risk Management Tool
Authors: IT Governance Publishing
1st Edition
1849285594, 978-1849285599
