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In Blue Co., capital balances are Adrienne $63,000 and Dino $77,500. The partners share income equally. Javier is admitted to the firm with a 40%
In Blue Co., capital balances are Adrienne $63,000 and Dino $77,500. The partners share income equally. Javier is admitted to the firm with a 40% interest by an investment of cash of $82,000. Journalize the admission of Javier. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)
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