please help with my homework Hoang is unimpressed once more, saying he can't understand...
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please help with my homework
Hoang is unimpressed once more, saying he can't understand how the business can have nearly $200,000 worth of assets and he only gets $68,000. He is sure you are out to get him and ruin his chance at a new life. With Hoang off to Vietnam, Mark, Linh and Thu are ready to start their new adventure together Each cousin has $ This would leave Phuong with 50% of the equity with the remainder be held by the two cousins. Any profits will be distributed 50% to Phuong and 25% to each of Linh and Thu cashtoinvest and think this is worth a 25% share of the business each. Required Show the journal entries and any calculations required to create a new partnerships between Phoung and the two cousins. 6
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