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Exercise #3 --A, B and C are partners in a partnership with a total equity of 300,000-$. A's Cap is 112,000 B's cap 89,000 and
Exercise #3 --A, B and C are partners in a partnership with a total equity of 300,000-$. A's Cap is 112,000 B's cap 89,000 and C's cap is 99,000 Their Income ratio is respectively 4:3:3 Dis admitted to the Partnership investing 100,000 and getting 20% of the partnership Journalize the entry of D in the partnership
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