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point Copy of Zahra and Batool are partners in Z&B Partnership with initial investment of $180,000 and $120,000 respectively They share income and loss ty
point Copy of Zahra and Batool are partners in Z&B Partnership with initial investment of $180,000 and $120,000 respectively They share income and loss ty 3 2 ratio respectively. They accepted Mariam as a new partner in the partnership Required: Prepare Journal entries to record the admission of Mariam who invests cash of $80,000 in the partnership and receives 25% ownership interest in the partnership YOUR ANSWER SHOULD BE IN THE FOLLOWING FORM DO NOT USE BETWEEN NUMBERS Dr Cash 100000 C Land 100000 For the toolbar, prest ALT+F10 () or ALTFNP10(Mac) Paragraph Aria 10pt A 2 I. X
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