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Stein agrees to pay Choi and Amal $9,700 each for a one-third (33 1/3%) interest in the Choi and Amal partnership. Immediately prior to
Stein agrees to pay Choi and Amal $9,700 each for a one-third (33 1/3%) interest in the Choi and Amal partnership. Immediately prior to Stein's admission, each partner had a $29,100 capital balance. Prepare the journal entry to record Stein's purchase of the partners' interest. View transaction list Journal entry worksheet A Record Stein's purchase of one-third interest by paying Choi and Amal's $9,700 each. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal
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