Question: Gmail YouTube Maps Ch 1 2 Pre Lecture Question 2 of 3 View Policies Current Attempt in Progress Gary and Hein sell to Melges a

Gmail
YouTube
Maps
Ch 12 Pre Lecture
Question 2 of 3
View Policies
Current Attempt in Progress
Gary and Hein sell to Melges a 13 interest in the Gary - Hein partnership. Melges will pay Gary and Hein each $141500 for admission into the organization. Before this transaction, Gary and Hein show capital balances of $209900 each. The journal entry to record the admission of Melges will
not show a debit to Cash.
show a credit to Melges, Capital for $283000.
show a debit to Hein, Capital for $141500.
show a debit to Cash for $283000.
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 Gmail YouTube Maps Ch 12 Pre Lecture Question 2 of 3

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