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a Question 1 Bader and Sayed are partners who agree to admit Khalid to their partnership Bader has a capital balance of S102.000 and Sayed

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a Question 1 Bader and Sayed are partners who agree to admit Khalid to their partnership Bader has a capital balance of S102.000 and Sayed as a capital balance of $140,000 They income in the ratio of 14 respectively Required: Prepare journal entries to admit Khalid to the partnership based on the following independent agreements a) Khalid invests $132.000 cash into the partnership for a 20% interest b) Khalid purchases one third of Bader's capital for $50,000 For the toolbar, pres ALTF10 (PO ALTINF10 (Mac) BTS Pagraph Arial 10pt HE A 2 IX OQ V

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