L. Waddell, V. Sage, and E. Rabel are partners with capital balances of $91,000, $84,000, and $68,000,
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L. Waddell, V. Sage, and E. Rabel are partners with capital balances of $91,000, $84,000, and $68,000, respectively. Rabel sells his interest in the company for $87,000 to P. Solvay. Waddell and Sage have consented to the new partner. Record the journal entry for the admission of Solvay on April 8.
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Related Book For 
College Accounting A Practical Approach
ISBN: 9780134729312
14th Edition
Authors: Jeffrey Slater, Mike Deschamps
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