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OL04 (10 MIN) Admission of a New Partner 6. On February 7, AI O'Toole sold his equity in the partnership to Bill Mays for $5,500.

OL04 (10 MIN) Admission of a New Partner 6. On February 7, AI O'Toole sold his equity in the partnership to Bill Mays for $5,500. Al's capital account had a $4,250 balance. Record the journal entry

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