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BusinessCourse Chang. partners Assume that Partners A and B each report a Capital Account of $600,000 Partner A wants to retire and sell her partnership

BusinessCourse Chang. partners Assume that Partners A and B each report a Capital Account of $600,000 Partner A wants to retire and sell her partnership interest to Partner C for 800,000 Partner B agrees to the sale and admission of Partner C into the partnership at an equal ownership percentage Record the journal enitry on the books of the partnership to reflect the admission of Partner C using both the Bonus Method and the Goodwill Method Bonus Methed: Credi Goadwill Method

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