Ubisoft Entertainment is a partnership of exclusive game distributor who specialist in electronic arts and play stations. The two partners who share profit and losses equally are the brothers Arthur and Blaise.
Required: Prepare the statement of profit and loss and other comprehensive income for the year ended December 2020 for Ubisoft Entertainment.
2.2Profit Appropriation account before Claude was admitted as a partner.
2.3Provide Journal entries for Claude s a partner
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