A partnership records a partner's investment of assets in the business at (p. 524) a. The partner's

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A partnership records a partner's investment of assets in the business at (p. 524)

a. The partner's book value of the assets invested

b. The market value of the assets invested

c. A special value set by the partners

d. Any of the above, depending upon the partnership agreement

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Financial Accounting

ISBN: 9780133118209

2nd Edition

Authors: Charles T. Horngren, Jr. Harrison, Walter T.

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