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question 2 - Admission butler Robinson are all members of a partnership they split all profit according to capital balances. opening capital balances are as
question 2 - Admission butler Robinson are all members of a partnership they split all profit according to capital balances. opening capital balances are as follows butler 60,000 Robinson 60,000 Deng invests 35000 for a 35% stake in the partnership a) what is the bonus that results from this transaction? new capital total capital of new partner bonus to old partners b) create the appropriate journal entry to record the entry of this partner Date Description DR CR
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