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Zeller, Acker, and Benton are partners with capital balances as follows: Zeller, $86,000: Acker. $71,000; and Benton, $149,000. The partners share profits and losses in
Zeller, Acker, and Benton are partners with capital balances as follows: Zeller, $86,000: Acker. $71,000; and Benton, $149,000. The partners share profits and losses in a 3:2.5 ratio. Dent is admitted to the partnership on May 1, 2020, with a 25% equity. Prepare General Journal entries to record the entry of Dent into the partnership under each of the following unrelated assumptions: a. Dent invests $102,000: View transaction list Journal entry worksheet > 1 Record the admission of Dent. Note: Enter debits before credits Debit General Journal Credit Date May 01, 2020 a. Dent invests $102,000: View transaction list Journal entry worksheet Record the admission of Dent. Note: Enter debits before credits. General Journal Debit Credit Date May 01.2020 b. Dent invests $73,000 View transaction list Journal entry worksheet Record the admission of Dent. Note: Enter debits before credits Date May 01, 2020 General Journal Debit Credit c. Dent invests $133,000: View transaction list Journal entry worksheet 1 Record the admission of Dent. Note: Enter debits before credits Date May 01, 2020 General Journal Debit Credit
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