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Debra and Merina sell electronic equipment and supplies through their partnership. They wish to expand their computer lines and decide to admit Wayne to

Debra and Merina sell electronic equipment and supplies through their partnership. They wish to expand their computer lines and decide to admit Wayne to the partnership. They share income in a ratio of 3:2. Debra Merina $ 190,000 152,000 Required: g. Wayne invests $102,000 for a 20 percent interest. Goodwill is to be recorded. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.

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