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Business, 26.08.2019 17:20 ethanm2685

He distance plus partnership has the following capital balances at the beginning of the current year: tiger (40% of profits and losses) $ 90,000 phil (30%) 60,000 ernie (30%) 75,000 each of the following questions should be viewed independently. if sergio invests $70,000 in cash in the business for a 20 percent interest, what journal entry is recorded? assume that the bonus method is used. if sergio invests $50,000 in cash in the business for a 20 percent interest, what journal entry is recorded? assume that the bonus method is used. if sergio invests $60,000 in cash in the business for a 20 percent interest, what journal entry is recorded? assume that the goodwill method is used.

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He distance plus partnership has the following capital balances at the beginning of the current year...
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