PROBLEM 3 Partners Ang and Lee share net income or losses in a 3:2 ratio...
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Accounting
PROBLEM 3 Partners Ang and Lee share net income or losses in a 3:2 ratio and have capital balances o $18,000 each. Oscar invests $14,000 fora 30% equity in the partnership. if the beonus meho used, prepare the journal entry upon Oscar's admission (show Computation). To

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