Question: L Waddell V Slye and E Rothe are partners with
L. Waddell, V. Slye, and E. Rothe are partners with capital balances of $89,000, $82,000, and $68,000, respectively. Rothe sells his interest in the company for $90,000 to P. Skou. Waddell and Slye have consented to the new partner. Record the journal entry for the admission of Skou on April 8.
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