Solution-Journalize the admission of Dutton on June

Journalize the admission of Dutton on June

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Reference no: EM132598232

Question - In Cullumber Co., the capital balances of the partners are A. Ali $30,390; S. Babson $24,011; and K. Carter $37,280. The partners share profit equally. On June 9 of the current year, D. Dutton is admitted to the partnership by purchasing one half of K. Carter's interest for $20,880 paid to him personally. Journalize the admission of Dutton on June 9?

Reference no: EM132598232

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Journalize the admission of Dutton on June

Reference no: EM132598232

Reference no: EM132598232

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