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Myles Etter and Crystal Santori are partners who share in the income equally and have capital balances of $210,000 and $62,500, respectively. Etter, with the consent of Santori, sells one-third of his interest to Lonnie Davis. What entry is required by the partnership if the sales price is (a) $60,000 or (b) 80,000?

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Answer:

im going with b but I'm not so sure but it seems right

User Seganku
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