Business
Business, 07.12.2019 03:31, madeleine1102

Bobbi and stuart are partners. the partnership capital of bobbi is $40,000 and stuart is $70,000. bobbi sells his interest in the partnership to john for $50,000. the journal entry to record the admission of john as a new partner would includea. a credit to john's capital for $40,000 and a credit to stuart's capital for $10,000. b. a credit to stuart's capital for $10,000.
c. a credit john's capital for $50,000. d. a credit to john's capital for $40,000.

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Bobbi and stuart are partners. the partnership capital of bobbi is $40,000 and stuart is $70,000. bo...

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