answer, please! At April 30. partners' capital balances in DES Partners are Dexter $44,000,...
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answer, please!
At April 30. partners' capital balances in DES Partners are Dexter $44,000, Emley $26,000, and Sigle $24,000. The profit-sharing ratio is 5:3:2, respectively. On May 1, the DESW Partnership is formed by admitting Watson to the firm as a partner with 20% equity. Watson invests $23.500. Journalize the admission of Watson. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
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