Reference no: EM133065768
Question - Aqila and Randi's capital accounts in the partnership have balances of Rp. 180,000,000 and Rp. 120,000,000, respectively.
Aisha and Ilham will be included in the fellowship.
Aisha bought a fifth of Aqila's ownership interest for Rp. 50,000,000 and a quarter of Randi's ownership interest for Rp. 32,000,000.
Ilham made a cash contribution of Rp 90,000,000 for the partnership, for which he received owner's equity of Rp 90,000,000.
Required -
a. Keep a journal to record Aisha and Ilham's participation!
b. What is the capital balance of each partner after the new partners join?
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