Jules and Johnson are partners, each with $40,200 in their partnership capital accounts. Kwon is...

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Accounting

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Jules and Johnson are partners, each with $40,200 in their partnership capital accounts. Kwon is admitted to the partnership by Investing $40,200 cash. Prepare the entry to show Kwon's admission to the partnership ped View transaction list Book Journal entry worksheet Print ferences Record the admission of Kwon with an investment of $40,200. Note: Enter debits before credits Debit Credit General Journal Transaction 1 M

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