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Admitting Now Partners Myles Etter and Crystal Santori are partners who share in the income equally and have capital balances of 5249,000 and $105,000, respectively.

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Admitting Now Partners Myles Etter and Crystal Santori are partners who share in the income equally and have capital balances of 5249,000 and $105,000, respectively. Etter, with the consent of Santori, selis one-third of his interest to Lonnie Davis. a. What entry is required by the partnerstip if the sales price is $70,000?. If an amount box does not require an entry, leave it blank. b. What entry is required by the partnership if the sales price is $100,000 ? If an amount box does not require an entry, leave it biank

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