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After the formation of Mondelez Innovations, Alice contributes $115,000 in cash and $35,000 worth of office furniture, while Bob contributes $85,000 in cash and $55,000
After the formation of Mondelez Innovations, Alice contributes $115,000 in cash and $35,000 worth of office furniture, while Bob contributes $85,000 in cash and $55,000 worth of inventory. Develop a detailed balance sheet for Mondelez Innovations post-formation, examining the financial health of the partnership.
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