Admitting New Partner Brian Caldwell and Adriana Estrada have operated a successful firm for September 1 of the current year, in accordance with the following agree a. Assets and liabilities of the old partnership are to be valued at their 1. Accounts receivable amounting to $2,800 are to be written off, an 2. Merchandise inventory is to be valued at $70,600. 3. Equipment is to be valued at $162,100. b. Mays is to purchase $67,000 of the ownership interest of Estrada for The post-closing trial balance of Caldwell and Estrada as of August 31 is Caldwell and Estrada

Brian Caldwell and Adriana Estrada have operated a successful firm for September 1 of the current year, in accordance with the following agre a. Assets and liabilities of the old partnership are to be valued at their 1. Accounts receivable amounting to $2,800 are to be written off, ar 2. Merchandise inventory is to be valued at $70,600. 3. Equipment is to be valued at $162,100. b. Mays is to purchase $67,000 of the ownership interest of Estrada for The post-closing trial balance of Caldwell and Estrada as of August 31 is Caldwell and Estrada Brian Caldwell and Adriana Estrada have operated a successful firm for September 1 of the current year, in accordance with the following agre a. Assets and liabilities of the old partnership are to be valued at their 1. Accounts receivable amounting to $2,800 are to be written off, ar 2. Merchandise inventory is to be valued at $70,600. 3. Equipment is to be valued at $162,100. b. Mays is to purchase $67,000 of the ownership interest of Estrada for The post-closing trial balance of Caldwell and Estrada as of August 31 is Caldwell and Estrada