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Admitting a New LLC Member With Bonus and Lipscomb were $221,000 and $253,000, respectively. a. Provide the journal entry for the asset revaluation. For a
Admitting a New LLC Member With Bonus and Lipscomb were $221,000 and $253,000, respectively. a. Provide the journal entry for the asset revaluation. For a compound transaction, if an amount box does not require an entry, leave it blank. b. Provide the journal entry for the bonus under the following independent situations: 1. Lin nurchased a 30% interest in Alert Medical, LLC, for $283,000. For a compound transaction, if an amount box does not require an entry, leave it blank. 2. Lin purchased a 25% interest in Alert Medical, LLC, for $144,000. For a compound transaction, if an amount box does not require an entry, leave it blank
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