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the smith & john partnership capital balances at december 31 follows: smith capital $54,000 John, capital $22,000 with smith permission , john sells half on
the smith & john partnership capital balances at december 31 follows:
smith capital $54,000
John, capital $22,000
with smith permission , john sells half on his capital interest in the partnership to Wilkins for 18,000
2) record the journal entry for the sale to Wilkins
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Horngrens Financial & Managerial Accounting, The Managerial Chapters
Authors: Tracie Miller Nobles, Brenda Mattison
7th Edition
0136503616, 9780136503613
