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K. Kolmer, C. Eidman, and C. Ryno share income on a 5:3:2 basis. They have capital balances of $29,400, $21,000, and $17,400, respectively, when

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K. Kolmer, C. Eidman, and C. Ryno share income on a 5:3:2 basis. They have capital balances of $29,400, $21,000, and $17,400, 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. Purchase of 50% of Kolmer's equity for $18,300. b. C. Purchase of 50% of Eidman's equity for $7,600. Purchase of 33% of Ryno's equity for $12,000.

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