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Required information IThe following information applies to the questions displayed below) Debra and Merina sell electronic equipment and supplies through their partnership. They wish to

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Required information IThe following information applies to the questions displayed below) Debra and Merina sell electronic equipment and supplies through their partnership. They wish to expand their computer lines and decide to admit Wayne to the partnership Debra's capital is $200,000, Merina's capital is $160,000, and they share income in a ratio of 3.2, respectively d. Debra and Merina agree that some of the inventory is obsolete The Inventory account is decreased before Wayne is admitted. Wayne invests $100.000 for o 25 percent interest. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet A B Record the write-down of inventory. TANTE Tatan Required information Journal entry worksheet B Record the write-down of inventory. Note: Enter debits before credits. Event General Journar+ Debit Credit 1 Record entry Clear entry View general journal PEAN Required information Journal entry worksheet B Record the admission of Wayne. Note: Enter debits before credits. Event General Journal Debit Credit N Record entry Clear entry View general journal

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