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Jill Parsons purchases for $66,240 Jamar's interest in the Tholen-Jamar partnership. Assuming that Jamar has a $62,560 capital balance in the partnership. what journal entry

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Jill Parsons purchases for $66,240 Jamar's interest in the Tholen-Jamar partnership. Assuming that Jamar has a $62,560 capital balance in the partnership. what journal entry is made by the partnership to record this transaction? (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

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