Nwoko and Hoong are partners who share profits and losses equally. Their capital account balances are $98,000

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Nwoko and Hoong are partners who share profits and losses equally. Their capital account balances are $98,000 and $67,000, respectively. Garcia is admitted to the partnership and is given a 30% interest by investing $65,000. What would the journal entry to admit Garcia include a

Posted Date: May 18, 2024 07:05 PM

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Nwoko and Hoong are partners who share profits and losses equally. Their capital account balances are $98,000

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