Question: Ramos and Briley are equal partners with 30 000 in each

Ramos and Briley are equal partners, with $30,000 in each of their partnership capital accounts.
Fontaine is admitted to the partnership on October 1, 2014, after paying $30,000 to the partnership for a one-third interest. Prepare the entry to show Fontaine’s admission to the partnership.


View Solution:


Sale on SolutionInn
Sales0
Views113
Comments
  • CreatedJanuary 08, 2015
  • Files Included
Post your question
5000