Stein agrees to pay Choi and Amal $9,400 each for a one-third (33 1/3%) interest in the Choi and Amal partnership. Immediately prior to Steins admission, each partner had a $28,200 capital balance. Prepare the journal entry to record Stein's purchase of the partners' interest.

Journal entry worksheet

• Record Stein's purchase of one-third interest by paying Choi and Amal's $9,400 each.

Note: Enter debits before credits.

Transaction	General Journal	Debit	Credit
1