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David and Wissinger have partnership capital balances of $ 5 7 5 0 0 0 and $ 4 3 2 0 0 0 , respectively.
David and Wissinger have partnership capital balances of $ and $ respectively. Wissinger negotiates to sell his partnership interest to Mergenthaler for $ David agrees to accept Mergenthaler as a new partner. The partnership entry to record this transaction is 
David and Wissinger have partnership capital balances of $ and $ respectively. Wissinger negotiates to sell his partnership interest to Mergenthaler for $ David agrees to accept Mergenthaler as a new partner. The partnership entry to record this transaction is
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Income Tax Planning
Authors: Thomas P. Langdon, E. Vance Grange, Michael A. Dalton
5th Edition
1936602075, 978-1936602070
