Question: I need help to solve this question and please give me a right answer with explainations... On April 1, 2022, Guy Comeau and Amelie Lavoi

I need help to solve this question and please give me a right answer with explainations...

right answer with explainations... On April 1, 2022, Guy Comeau and Amelie

Lavoi formed a partnership in Ontario. Net Income during the year was

$509,600 and was in the Income Summary account. On April 1. 2023

Travis Roberts invested $139,400 and was admitted to the partnership for a

On April 1, 2022, Guy Comeau and Amelie Lavoi formed a partnership in Ontario. Net Income during the year was $509,600 and was in the Income Summary account. On April 1. 2023 Travis Roberts invested $139,400 and was admitted to the partnership for a 20% interest in equity: Required: 1. Prepare journal entries for the following dates. b. March 20, 2023 () d. April 1, 2023 2. Calculate the balance in each partner's capital account immediately after the April 1, 2023, entry

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