b. Provide the two qut Mi Bang gia qua sung vo thng qua true sw at Pun ge tang nh v ng qua quan v v Bu 000 a potom 3000 Watt Watson purchased one-half of Contest in the Pond Datenuto 345.000. art. 35.000 93.000.htm Dalton had chance of $5,000 to sections - Provide the journal entry for the rewnion of an amount ben does not require www.sk b. Provide the journal entry to Watson Watson purchased one-half of Dalton's interest in the Patton and Dalton Partnership for $45,000. Prior to the investment, land was revalued to a market value of $135,000 from a book value of $93,000. Patton and Dalton share net income equally. Dalton had a capital balance of $35,000 prior to these transactions Required: a. Provide the journal entry for the revaluation of land. If an amount box does not require an entry, leave it blank. b. Provide the journal entry to admit Watson