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Instructions Greg Thomas purchased one-half of lan Hamilton's interest in the Freeman and Hamilton partnership for $49.500. Prior to the investment, and was revalued to a market value of $169,200 from a book value of $116,400. Adam Freimanandan Hamilton are net income equally, Mamiton had a capital balance of $52.400 prior to these transactions Required: a On December 31, provide the journal entry for the revaluation of land b. On December 31, provide the joumal entry load Thorus "Rofer to the chart of accounts for the exact wording of the account is CNOW oumas do not use Ines for ouma explanations. Every on a joumal page is used for debitor crecientes CNOW umat will automatically dona creat entry when a crear amounts entered, Instructions Journal Shaded calls he feedback A On December 31, provide the journal entry for the evaluation of land 8. On December 31, provide the journal entry to admit Thomas *Refer to the chart of accounts for the exact wording of the accounts. CNOW journals de net senester jumal explanations. Every in on a jouma/pages used for debitor credit entries. CNOW journals wir automatically insert a crede ency when a credit amount to tered All transactions on this page must be entered except for post replay before you will receive Check My Work fordback ING JOURNAL Score: / ACCOUNTING EQUATION DATE DECRETO POSE DESIT CHOR AISET LAMES COIT

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