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Floyd and Merriam start a partnership business on June 12, 2025. Their capital account balances as of Decomber 31,2020 stood as folows: Floyd agrees to

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Floyd and Merriam start a partnership business on June 12, 2025. Their capital account balances as of Decomber 31,2020 stood as folows: Floyd agrees to sell halt of his share to Ramelow in oxchange for $35.000 cash. Which of the folowing is the correct joumal entry in the books of the firm for the above transfer of interest

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