Business, 01.07.2020 15:01, ityeoboy1727

Bobbi and Stuart are partners. The partnership capital of Bobbi is $41,400 and that of Stuart is $74,700. Bobbi sells his interest in the partnership to John for $63,900. The journal entry to record the admission of John as a new partner would include a credit to:. a. Stuart's capital account for $58,050
b. John's capital account for $63,900
c. John's capital account for $41,400
d. John's capital account for $41,400 and a credit to Stuart's capital account for $74,700

Answers: 2

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Bobbi and Stuart are partners. The partnership capital of Bobbi is $41,400 and that of Stuart is $74...