help

Wide Unline Practice fo... Rolling Loud Booking: Ramada. How To Install Rep. Discount Body Par Tickets Kanye W. Worldstarhiphop apter 12 Problems Saved Help Save & Exit Subenit Check my work 6 [The following information applies to the questions displayed below) Meir, Benson, and Lau are partners and share income and loss in a 3:2.5 ratio (In percents: Melr, 30%: Benson, 20% and Lau, 50%). The partnership's capital balances are as follows: Meir $168,000; Benson, $138,000; and Lau, $294,000. Benson decides to withdraw from the partnership, It 2 of 2 nts 2. Assume that Benson does not retire from the partnership described in Part 1. Instead, Rhode Is admitted to the partnership on February 1 with a 25% equity. Prepare journal entries to record Rhode's entry into the partnership under each separate assumption: Rhode invests (a) $200,000; (b) $145,000; and (a $262,000. (Do not round Intermediate calculations.) eBook View transaction list Print References Journal entry worksheet 2 3 Record the admission of Rhode with an investment of $200,000 for a 25% interest in the equity. Note: Enter debits before credits Debit Credit General Journal Transaction fal 6 Next > Check my work 6 [The following information applies to the questions displayed below) Meir, Benson, and Lau are partners and share income and loss in a 3.2:5 ratio (in percents: Meir, 30%: Benson, 20%; and Lau, 50%). The partnership's capital balances are as follows: Melr, $168,000; Benson, $138,000, and Lau, $294,000. Benson decides to withdraw from the partnership Part 2 of 2 1.5 points 2. Assume that Benson does not retire from the partnership described in Part 1. Instead, Rhode is admitted to the partnership on February 1 with a 25% equity. Prepare journal entries to record Rhode's entry into the partnership under each separate assumption: Rhode invests (a) $200,000; (b) $145,000; and ($262,000. (Do not round Intermediate calculations.) eBook View transaction list Print References Journal entry worksheet [Mc Graw HM