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Question 2 A. Veveris and J. Rubenis share profit on a 2:1 basis, respectively. They have capital balances of $40,450 and $34,550, respectively, when S.

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Question 2 A. Veveris and J. Rubenis share profit on a 2:1 basis, respectively. They have capital balances of $40,450 and $34,550, respectively, when S. Weiss is admitted to the partnership on September 1, 2017. Prepare the journal entry to record the admission of Weiss under each of the following independent assumptions: (Round answers to 0 decimal places, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Weiss purchases 50% of Ververis's equity for $22,835. This is a personal transaction between the partners. Weiss purchases 25% of Ververis's and Rubenis's equity for $15,403 and $10,708, respectively. This is a personal transaction between the partners. Debit Credit Date Account Titles and Explanation (1) Sept. 1 (2) Sept. 1 For each of these alternatives, indicate the balance in each partner's capital account and total partners' equity after Weiss is admitted to the partnership. (Round answers to o decimal places, e.g. 5,275. Do not leave any answer field blank. Enter o for amounts.) Alternative A. Veveris Capital J. Rubenis Capital S. Weiss Capital Total Cifpital Beginning balance Ending balance A. Veveris Capital J. Rubenis Capital S. Weiss Capital Total Capital Alternative 2 Beginning balance Ending balance Click If you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used

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