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Required information [The following information applies to the questions displayed beiow] Debra and Merina sell electronic equipment and supplies through their partnership. They wish to
Required information [The following information applies to the questions displayed beiow] 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. Debra's capital is $190 , 000 , Merina's capital is $152000 , and they share income in a ratio of 32 respectively, Record Wayne's admission for each of the following independent situations: Wayne invests $105 , 000 for a 20 percent interest. Goodwill is to be recorded. (If no entry is required for a transactionievent, elect "No journal entry required" in the first occount field.) Journal entry worksheet Hote: Enter debits helore credits. 9. Wayne invests $105 , 000 for a 20 percent interest. Goodwill is to be recorded. (If no entry is required for o tronsoction/event, select "No journal entry required" in the first occount field.) Journal entry worksheet
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