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answer for partnership for capitalist partner. on aug 1 of the current year, jack and j...
Business, 06.09.2019 10:10 goldie2715
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answer for partnership for capitalist partner. on aug 1 of the current year, jack and jill formed a partnership with cash contributions of p4 and p3 respectively. in addition to jack contribution, he also contributed equipment costing p1 but agreed valuation of p8000. jill contributed a land costing to p2 but agreed valuation to p25.
provide the opening entry of the partnership book using single entry of each partner.
Answers: 3
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