Cash | 70,000 | |
B. Tanner, Capital | 10,000 | |
R. Jackson, Capital | 10,000 | |
H. Rivera, Capital | 90,000 |
This entry reflects:
rev: 02-03-2011
Additional investment into the partnership by Tanner and Jackson. | |
Withdrawal of $10,000 each by Tanner and Jackson upon the admission of a new partner. | |
Acceptance of a new partner who invests $70,000 and receives a $20,000 bonus. | |
Addition of a partner who pays a bonus to each of the other partners. | |
Withdrawal of a partner who pays a $10,000 bonus to each of the other partners. |
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