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eBook Show Me How Apply for Financial... Cengage VitalSource Books... Spider-Man: No W... Be ATC-FAA Hir The capital accounts of Trent Henry and Tim
eBook Show Me How Apply for Financial... Cengage VitalSource Books... Spider-Man: No W... Be ATC-FAA Hir The capital accounts of Trent Henry and Tim Chou have balances of $135,000 and $97,200, respectively. LeAnne Gilbert and Becky Clarke are to be admitted to the partnership. Gilbert buys one-fifth of Henry's interest for $31,100 and one-fourth of Chou's interest for $21,400. Clarke contributes $32.900 cash to the partnership, for which she is to receive an ownership equity of $32,900. a1. Journalize the entry to record the admission of Gilbert. If an amount box does not require an entry, leave it blank 88 a2. Joumalize the entry to record the admission of Clarke, 1f an amount box does not require an entry, leave it blank 88 b. What are the capital balances of each partner after the admission of the new partners? Partner Trent Henry Tim Choo LeAnne Gr Becky Clarks Check My Work Capital Balance Previou
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