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Required information Problem 15-11 (Static) Admission of a Partner LO 15-6 [The following information applies to the questions displayed below.] Debra and Merina sell electronic
Required information Problem 15-11 (Static) 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. DebraMerina$200,000160,000 Problem 15-11 (Static) Part f Required: f. Wayne invests $80,000 for a 20 percent interest in the total capital of $440,000. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field
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