Lia wu and becca sims are partners who share in the income


lia wu and becca sims are partners who share in the income equally and have capitol balances of 150000 and 62500 respectivly. Wu with the consent of sims sells on third of her interest to kara oliver.

a. what entry is required by partnership if the sales price is 40.00

 

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Finance Basics: Lia wu and becca sims are partners who share in the income
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