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Question # 3 (4 Marks) On 1/1/2021. Dhia and Fadi agreed to form a general partnership company with a total capital of JD 400,000 distributed
Question # 3 (4 Marks) On 1/1/2021. Dhia and Fadi agreed to form a general partnership company with a total capital of JD 400,000 distributed equally among them. The partner Fadi contribute cash of JD 200,000. Dhia contribute cash of JD 160,000. Required: Prepare the journal entries to record each of the partners' investments according: a) Goodwill method Debit Credit b) Bonus method Debit Credit
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