Question: 4 E148 A 5. , 5 6 7 8 C D E F G A and B form the AB partnership. According to the

4 E148 A 5. , 5 6 7 8 C D E

4 E148 A 5. , 5 6 7 8 C D E F G A and B form the AB partnership. According to the agreement, A contributed $60.000. Make the contributed $40,000 in cash while journal entry to form the partnership under the following assumptions: a) The agreement was silent about allocating capital balances 9 10 11 12 b) 13 14 15 45 16 17 18 19 c) 20 21 22 23 24 The agreement specified that capital balances will be allocated equally and the bonus method will be used The agreement specified that capital balances will be allocated equally and the goodwill method will be used

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