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Stein agrees to pay Choi and Amal $10,000 each for a one-third (33 13%) interest in the Choi and Amal partnership. Immediately prior to Steins

Stein agrees to pay Choi and Amal $10,000 each for a one-third (33 13%) interest in the Choi and Amal partnership. Immediately prior to Steins admission, each partner had a $30,000 capital balance.

Prepare the journal entry to record Stein's purchase of the partners' interest.

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