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Keri & Nick Consulting's partners' equity accounts reflected the following balances on August 31, 2023 : Lee and Kalpakian share profit/losses in a 2:3 ratio,
Keri \& Nick Consulting's partners' equity accounts reflected the following balances on August 31, 2023 : Lee and Kalpakian share profit/losses in a 2:3 ratio, respectively. On September 1, 2023, Liam Court is admitted to the partnership with a cash investment of $117,000. Required: Prepare the journal entry to record the admission of Liam under each of the following unrelated assumptions, where he is given: a. A 30% interest in equity Journal entry worksheet Record the admission of new partner. Journal entry worksheet Journal entry worksheet Record the admission of new partner. Note: Enter debits before credits. 1 Record the admission of new partner. Note: Enter debits before credits. \begin{tabular}{|c|c|c|c|} \hline Date & General Journal & Debit & Credit \\ \hline Sep 01, 2023 & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Record entry Clear entry View general joumal
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