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question 1 Withdrawl McCann Pollard Raj are all members of a partnership they split all profits according to capital balances. opening capital balances are as
question 1 Withdrawl McCann Pollard Raj are all members of a partnership they split all profits according to capital balances. opening capital balances are as follows McCann 180,000 Pollard 30,000 Raj 70,000 McCann stake is purchased for 150000 from company resources a) what is the bonus that results from this transaction? bonus b) create the appropriate journal entry to record the withdrawal of this partner on Jan 28 Date Description DR CR
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