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1 X, Y and Z agreed to establish a partnership. X paid $1,000 cach and $4,000 inventory. Y paid $2,000 cash and $8,000 machines. Z
1 "X", "Y" and "Z" agreed to establish a partnership. "X" paid $1,000 cach and $4,000 inventory. "Y" paid $2,000 cash and $8,000 machines. "Z" paid Land of $15,000. Required: Compute total capital of each partner. Please DO NOT use "S" and "." signs in you answer. For example, if the answer is $10,000 for "X", $20,000 for "Y" and $50,000 for "Z", the answer should be exactely as: 10000
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Principles Of Financial And Managerial Accounting
Authors: James Don Edwards, Roger H. Hermanson
1st Edition
0256130000, 978-0256130003
