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Time lett 04524 Basem Tamer and Sameer te partners in a partnership tom sharing point...

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Accounting

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Time lett 04524 Basem Tamer and Sameer te partners in a partnership tom sharing point and Bosses on the basis of 403505 repectively in the capital hutances are $100.000.000 $40.000 respectively The journal entry for the admission of Moher by making an investment of $100,000 with 30% ownership interest . O Debit Cash 100.000 and credit each of Maher capital 6000, Bem Capital 1600, Tamer capital 1400 and Sameer capital 1.000 Detit each of Mahe capital 30,000, Base Capital 20.000, Tamer capital 24500 and Sameera 17500 dedit Cash 100.000 Ocebe Cash 100,000 and credit Maher capital 100.000 Det each of Maher capital 96.000 flatem Cap 1600, Tamer capital 1.400 and Sameer capita 1.000 und Cash 100.000 If $120,000 is collected in advance on October 1 for 6-month magazine subscriptions, the amount of UNEARNED SUBSCRIPTION REVENUE Dy November a $80,000 Ob $20,000 Oc$40,000 O d. $120,000

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