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Biz partnership allows partner Tariq to sell his $300,000 equity in the partnership to Aziz. Aziz pays Tariq $255,000. Record the partnership journal entry
Biz partnership allows partner Tariq to sell his $300,000 equity in the partnership to Aziz. Aziz pays Tariq $255,000. Record the partnership journal entry for the sale of Tariq's interest to Aziz. ariq Capital Aziz Capital Dr 255,000 Cr 255,000 O Tariq Capital Dr 300,000 Aziz Capital Cr 300,000 Tariq Capital Dr 200,000 Aziz Capital Cr 200.000 Aziz Capital Dr 300,000 Tariq Capital Cr 300,000
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Accounting Theory Conceptual Issues in a Political and Economic Environment
Authors: Harry Wolk, James Dodd, John Rozycki
8th edition
1412991692, 978-1412991698
