Delta has bought Camma's interest in the Alpha ? Partnership for a $120,000 direct payment...
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Accounting
Delta has bought Camma's interest in the Alpha ? Partnership for a $120,000 direct payment to Beta, The capital balances before the sale were $74,000 and $86,000, respectively. The entry to record the purchase of interest in partnership is: a. Beta, Capital 120,000 Delta, Capital 120,000 b Beta, Capital Delta, Capital 56,000 38,000 35.000 Beta Capital Cash 86.000 d. Cash Delta, Capit 120,000 120.000
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