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On April 1, 2019, Guy Comeau and Amelie Lavoi formed a partnership in Ontario. Net Income during the year was $616,000 and was in the
On April 1, 2019, Guy Comeau and Amelie Lavoi formed a partnership in Ontario. Net Income during the year was $616,000 and was in the Income Summary account. On April 1, 2020 Travis Roberts invested $144,900 and was admitted to the parthership for a 20% interest in equity. Required: a. April 1, 2019 Journal entry worksheet Record the formation of partnership. b. March 20,2020 Journal entry worksheet c. March 31,2020 Journal entry worksheet d. April 1, 2020 Journal entry worksheet
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