on June 12023 Indian Aisha Adams formed a partnership to open a glutton free commercial...
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Accounting
on June Indian Aisha Adams formed a partnership to open a glutton free commercial Bakery contributing to cash and of equipment respectively the partnership also assumed responsibility for a note payable associated with the equipment the partner agreed to share profit as follow boys to receive an annual salary lines of both have to receive an annual interest of of their original Captain investment and any remaining profit or losses to be shared to bow and adaAdam respectivdely on nNovember adams withdrew cash of at the end may the oncoincome summary account had a credit balance of on june peter williWilliams invested qnd was admitted to the partnership for a interest in equity
record the journal entry for closing of profit to capital
record the admiisssions of williams for interest
and the calculation of each partner capital after june
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