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Required information Problem 15-11 (Algo) Admission of a Partner LO 15-6 [The following information applies to the questions displayed below.] Debra and Merina sell

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Required information Problem 15-11 (Algo) Admission of a Partner LO 15-6 [The 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. They share income in a ratio of 3:2. Debra Merina $ 200,000 160,000 Problem 15-11 (Algo) Part f Required: f. Wayne invests $72,000 for a 20 percent interest in the total capital of $432,000. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. A No Event 1 Cash Debra, Capital Merina, Capital Answer is not complete. General Journal Debit Credit

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