Question: I need help in this question. Please do it correctly and 100% and do not make any mistake. 2 In the GMP partnership (to which
I need help in this question. Please do it correctly and 100% and do not make any mistake.



2 In the GMP partnership (to which Elan seeks admittance), the capital balances of Mary, Gene, and Pat, who share Income in the ratio of 6:3:1, are 5 points Mary Gene Pat $285,600 142,880 47,600 eBook Required: a. If no goodwill or bonus is recorded, how much must Elan Invest for a one-third Interest? (Do not round intermediate calculations.) Print Elan must invest C References 2 b. Prepare Journal entry for the admission of Elan if she Invests $80.800 for a 20 percent Interest and goodwill is recorded. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round Intermediate calculations.) 5 points View transaction et eBook Journal entry worksheet
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