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Adams and Brady tonm a partnership Adams contnhutes S5,0o0D cash and merchandise inventory with a current market value of 558,DD Hrady contnbutes s2,000 in cash
Adams and Brady tonm a partnership Adams contnhutes S5,0o0D cash and merchandise inventory with a current market value of 558,DD Hrady contnbutes s2,000 in cash and land with a current market value ot $40cst ot $25,DDo) Wh ch of the tollwing s correct? OA. Bredy receives a bonus of $40 000 from Adams. O B. rdy, Capilal is debiled for $27,000 ?, ?'ady. Capilal is credited rur $27,000 O D. Brady, Capilal is crediled Tor $42,000
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