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Biz Partnership allows partner Mandy to sell her $89,000 equity in the partnership to Brittney. Brittney pays Mandy $71,200. Record the partnerships journal entry for
Biz Partnership allows partner Mandy to sell her $89,000 equity in the partnership to Brittney. Brittney pays Mandy $71,200. Record the partnerships journal entry for the sale of Mandys interest to Brittney on September 30. Record the admission of Brittney as a partner who will pay Mandy $71,200 for her share of equity of $89,000
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Managerial Accounting Principles Of Accounting II
Authors: Eric W. Noreen, Peter C. Brewer, Ray H. Garrison
6th Edition
0077681258, 978-0077681258
