conway , kip and jack are partners of force , a local cross fit training facility with capital balances as follows : conway , $367200 ; and jack , $244800 . the partners share profit and losses in a 1:2:1 ratio . young is admitted to the partnership on november 30 with 20% equity . prepare journal entries to record the entry of young under each of the following unrelated assumptions . a. young invests $183600 b. young invests $129600 c. young invests $295200
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