A competitor agrees to buy the inventory and store fixtures for $21,000. Prepare the journal...
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Accounting
A competitor agrees to buy the inventory and store fixtures for $21,000. Prepare the journal entries detailing the liquidation, assuming that partners Colette and Swarma are sharing profits on a 50:50 basis. If an amount box does not require an entry, leave it blank
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A competitor agrees to buy the inventory and store fixtures for $21,000. Prepare the journal entries detailing the liquidation, assuming that partners Colette and Swarma are sharing profits on a 50:50 basis. If an amount box does not require an entry, leave it blank 