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Bobbi and Stuart are partners. The partnership capital of Bobbiis $41,400 and that of Stuart is $74,700. Bobbi sells his interestin the partnership to John
Bobbi and Stuart are partners. The partnership capital of Bobbiis $41,400 and that of Stuart is $74,700. Bobbi sells his interestin the partnership to John for $63,900. The journal entry to recordthe admission of John as a new partner would include a creditto
a.Stuart's capital account for $58,050
b.John's capital account for $63,900
c.John's capital account for $41,400
d.John's capital account for $41,400 and a credit to Stuart'scapital account for $74,700
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