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QS 1 2 - 8 Admission of a partner ? ? ? ? P 3 Jules and Johnson are partners, each with $ 4 0

12 - 8

Admission of a partner

\frac{?}{?_{\frac{?}{?}}}

3

Jules and Johnson are partners, each with $

40, 000

in their partnership capital accounts. Kwon is admitted to the partnership by investing $

40, 000

cash. Make the entry to show Kwon's admission to the partnership.

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