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answer needed before 5 QS 11-3 Journal entry when forming a partnership LO2 Len Peters and Beau Silver form a partnership to operate a catering

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answer needed before 5
QS 11-3 Journal entry when forming a partnership LO2 Len Peters and Beau Silver form a partnership to operate a catering business, called A Catered Affair. Peters invests $20,000 cash and Silver invests $30,000 cash on March 1, 2020. Prepare the journal entry to record the establishment of the partnership. 781

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