The partners share income equally day is admitted to the
1. Alpha Co. capital balances are: Ace $30,000, Bly $25,000, and Cox $20,000. The partners share income equally. Day is admitted to the firm by purchasing one-half of Cox's interest for $13,000. Journalize the admission of Day to the partnership.
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1 alpha co capital balances are ace 30000 bly 25000 and cox 20000 the partners share income equally day is admitted to
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