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When an existing partner sells interest in the partnership and Goodwill is recognized, what is the likely entry made: Select one: a. Debit cash b.

When an existing partner sells interest in the partnership and Goodwill is recognized, what is the likely entry made:

Select one:

a.

Debit cash

b.

Debit Capital

c.

Debit Expense

d.

Debit selling partners' Drawing

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