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After Alice contributes $70,000 in cash and $60,000 worth of office furniture, and Bob contributes $50,000 in cash and $40,000 worth of inventory to form

After Alice contributes $70,000 in cash and $60,000 worth of office furniture, and Bob contributes $50,000 in cash and $40,000 worth of inventory to form ABC Ventures, prepare a comprehensive balance sheet for the partnership, detailing all assets, liabilities (if any), and partners' equity, reflecting the capital contributions made by Alice and Bob.

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