Answer Happy

uestion bOT = A Veveris and Rubenis share proht on a 2.1 basis. respectively. They have capital balances of $42.520 and $32,480, respectively When Weiss is admitted to the partnership on September 1, 2021. Prepare the journal entry to record the admission of Weiss under each of the following independent assumptions (Credit account uitles are automatically indented when the amount is entered. Do not indent manually) 1 Weiss purchases of Ververis's equity for $24.200 This is a personal transaction between the partners Weiss purchases 25% of Ververis's and Rubenis's equity for $15.710 and $10,480, respectively. This is a personal transaction among the partners 2 Date Account Titles and Explanation Debit Credit (1) Sept. 1 To record purchase of an interest (2) Sept. 1 To record purchase of an interest.)

For each of these alternatives, indicate the balance in each partner's capital account and total partners' equity after Weissis admitted to the partnership (Do not leave any answer field bank. Enter for amounts) Alternative 1 A Veveris Capital J. Rubenis Capital S. Weiss Capital Beginning balance $ Ending balance 5 A Veveris Capital Rubenis Capital 5. Weiss Capital Total Capital $ Attempts of lused SAW G 2

For each of these alternatives, indicate the balance in each partner's capital account and total partners' equity after Weissis admitted to the partnership (Do not leave any answer field bank. Enter for amounts) Alternative 1 A Veveris Capital J. Rubenis Capital S. Weiss Capital Beginning balance $ Ending balance 5 A Veveris Capital Rubenis Capital 5. Weiss Capital Total Capital $ Attempts of lused SAW G 2