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question 4 Withdrawl Blake Lombard Boyd are all members of a partnership they split all profits equally opening capital balances are as follows Blake 33,000
question 4 Withdrawl Blake Lombard Boyd are all members of a partnership they split all profits equally opening capital balances are as follows Blake 33,000 Lombard 77,000 Boyd 85,000 Blake stake is purchased for 145000 by boyd from his Personal assets 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 Jul 16 Date Description DR CR
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