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Un April 1. 2019, Guy Comeau and Amelle Lavol Tormed a partnership in Ontario. Contribution Profit sharing Comeau Lavoi $321, see cash $188,000 land $127,882
Un April 1. 2019, Guy Comeau and Amelle Lavol Tormed a partnership in Ontario. Contribution Profit sharing Comeau Lavoi $321, see cash $188,000 land $127,882 building $169,700 salary allowance 5% of original 5% of original capital investments capital investments 4ex of remaining Gex of remaining $115,689 Cash withdrawal March 28, 2820 Net Income during the year was $604.800 and was in the Income Summary account. On April 1, 2020 Travis Roberts invested $142,100 and was admitted to the partnership for a 20% Interest in equ Required: 1. Prepare Journal entries for the following dates. a. April 1, 2019 View transaction Mat Journal entry worksheet
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