posted 2, sorry photo degrades when posted
Edward and Hogw have per capital balance of $285,000 and $205,000, respectively. Edward receives 70% oprolis and lows, and agree 30% Pound contributes 5115,000 to 25% in the partnership of Edward, Hage, and Pound. Requirements 1. Cool Pound's capital in the worship 2. Journaline the person of cash from Pound Requirement 1, Cole Poundscape in the new ph. Petrarchies of new patro Person of experter Capital new partner Bonus to Requirement ajouter's receipt of cash Pound Records for the Account and Explanation Det Credo Edward and Hagar have partner capital balances of $255,000 and $206,000, respectively. Edward receives 70% of profits and losses, and Hager motives 30%. Asume Pound contributes $115,000 to acquire 25% interest in the partnership of Edward, Hagw, and Pound. Requirements 1. Calculate Pound's capital in the new partnership 2. Journalize the partnership's receipt of cash from Pound. Requirement 1. Calculate Pound's capital in the new partnership Partnership capital before admission of new partner Contribution of new partner Partnership capital offersion of new partner Capital of new partner Bonus to Requirement 2. Joumaline the partnership's receipt of cash from Pound (Record debit first, then credits Select the explanation on the last line of the journal entry table Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question MacBook Air $ 1 3 % 5 6 SN 8 9 na WE T 70 T Y U Edward and Hager have partner capital balances of $255,000 and $205,000, respectively. Edward receives 70% of profits and losses, and Hagar receives 30%. Assume Pound contributes $115,000 to acquire a 25% interest in the new partnership of Edward, Hagar, and Pound. Requirements 1. Calculate Pound's capital in the new partnership 2. Journaline the partnership's receipt of cash from Pound