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Prepare the general journal entry the admission of gurpinder

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Bentley and belinda are partners with capital Balances of 75000 and 55000. the partners share incomes and losses in a ratio of 3:1. Gurpinder is admitted to the partnership on Feb 24 with an investment of 30000 and is given 25% equity

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Question 1: Prepare the general journal entry the admission of gurpinder into the partnership

Reference no: EM132557609

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