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K . Kolmer, C . Eidman, and C . Ryno share income on a 5 : 3 : 2 basis. They have capital balances of
K Kolmer, C Eidman, and C Ryno share income on a :: basis. They have capital balances of $ $ and $
respectively, when Don Jernigan is admitted to the partnership.
Prepare the journal entry to record the admission of Don Jernigan under each of the following assumptions. Credit account titles are
automatically indented when amount is entered. Do not indent manually.
a Don Jernigan purchases of of Kolmer's equity for $
bDon Jernigan purchases of of Eidman's equity for $
cDon Jernigan purchases of and one third of Ryno's equity for $
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