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Question 58 of 82 - 11 MII View Policies Current Attempt in Progress Willam and...

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Question 58 of 82 - 11 MII View Policies Current Attempt in Progress Willam and Wissinger have partnership capital balances of $576700 and $431700, respectively. Wissinger negotiates to sell his partnership interest to Mergenthaler for $503700. William agrees to accept Mergenthaler as a new partner. The partnership entry to record this transaction is Cash 72000 Wissinger, Capital 431700 Mergenthaler Capital 503700 Wissinger. Capital 431700 Mergenthaler. Capital 431700 = 5 -/ Question 59 of 82

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