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Zahra and Batool are partners in Z&B Partnership with initial investment of $180,000 and $120,000, respectively They share income and foss by 3:2 ratio,
Zahra and Batool are partners in Z&B Partnership with initial investment of $180,000 and $120,000, respectively They share income and foss by 3:2 ratio, respectively They accepted Mariam as a new partner in the partnership Required: Prepare Journal entries to record the admission of Mariam who invests cash of SB0,000 in the partnership and receives 25% ownership interest in the new partnenstip YOUR ANSWER SHOULD BE IN THE FOLLOWING FORM, DO NOT USE BETWEEN NUMBERS Dr Cash 100000 Gr. Land 100000
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
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