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In decker co capital balances are menke 34000 and hibbett

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Reference no: EM13609321

In Decker Co., capital balances are Menke $34,000 and Hibbett $55,400. The partners share income equally. Kosko is admitted to the firm with a 48% interest by an investment of cash of $43,500. Journalize the admission of Kosko.

Reference no: EM13609321

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