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q13 Copy of 4 points Save Answ Zahra and Batool are partners in Z&B Partnership with initial investment of $180,000 and $120,000, respectively. They share

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q13

Copy of 4 points Save Answ Zahra and Batool are partners in Z&B Partnership with initial investment of $180,000 and $120,000, respectively. They share income and loss by 3 : 2 ratio, respectively. They accepted Mariam as a new partner in the partnership. Required: Prepare Joumal entries to record the admission of Mariam who invests cash of $80,000 in the partnership and receives 25% ownership interest in the new partnership. YOUR ANSWER SHOULD BE IN THE FOLLOWING FORM; DO NOT USE", "BETWEEN NUMBERS: Dr. Cash 100000 Cr. Land 100000 For the toolbar, press ALT+F10 (PC) or ALT=FN+F10 (Mac). BI U f Paragraph Arial 10pt Ix x 7 a V !!!

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