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Taj, Ula and Valda decided to form a partnership on 1 April 2015. Taj and Ula dissolved their sole trader businesses and transferred the assets and...
of the partners.
Prepare journal entries (with narrations) in general journal form to account for the formation of the Taj, Ula and Valda Partnership
Prepare a balance sheet for the Taj, Ula and Valda Partnership as at 1 April 2015