Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please slove as soon as possible i have only 20 min 00 8 Telent, a local consulting firm has total partners equity of 5798000, which

please slove as soon as possible i have only 20 min
image text in transcribed
image text in transcribed
image text in transcribed
00 8 Telent, a local consulting firm has total partners equity of 5798000, which is made up of Hall Cap al 619.000, and Reynolds Capital, $179.000. The partners share possessin a ratio of 80% to Halland 20% to Reynolds On Ju Morris admitted to the partnership and given a 20% interest inuity Required: Prepare the journal entry to record the comission of Morris lundet each of the following used artumotions, in which More invest Cashot .: 5190.00 10 po Journal entry worksheet Record the son of Mr. De Chat wy M b. $249.000 8 00 View transaction 10 Journal entry worksheet acord the admission of Morris De De C lity 109000 Ne> 00 8 c. $129.000 10 po View transactions Journal entry worksheet > Record the admission of More NAD General Date yo Dale CHO View 1 00 8 Telent, a local consulting firm has total partners equity of 5798000, which is made up of Hall Cap al 619.000, and Reynolds Capital, $179.000. The partners share possessin a ratio of 80% to Halland 20% to Reynolds On Ju Morris admitted to the partnership and given a 20% interest inuity Required: Prepare the journal entry to record the comission of Morris lundet each of the following used artumotions, in which More invest Cashot .: 5190.00 10 po Journal entry worksheet Record the son of Mr. De Chat wy M b. $249.000 8 00 View transaction 10 Journal entry worksheet acord the admission of Morris De De C lity 109000 Ne> 00 8 c. $129.000 10 po View transactions Journal entry worksheet > Record the admission of More NAD General Date yo Dale CHO View 1

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advances In Accounting Volume 23

Authors: Philip M J Reckers

1st Edition

0762314257, 9780762314256

More Books

Students also viewed these Accounting questions