Charles pays $30,000 to Steven to acquire Steven’s $15,000 interest in a partnership. The journal entry to record this transaction is
|
a. |
Charles, capital |
15,000 |
|
Steven, capital |
15,000 |
|
|
b. |
Charles, capital |
15,000 |
|
Steven, capital |
15,000 |
|
|
c. |
Charles, capital |
30,000 |
|
Steven, capital |
30,000 |
|
|
d. |
Charles, capital |
45,000 |
|
Steven, capital |
45,000 |