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Bill and Roger formed the AB partnership on 12/6/X3 by each contributing $70,000. They split profits and losses equally. On 6/25/X6 AB purchased a building
Bill and Roger formed the AB partnership on 12/6/X3 by each contributing $70,000. They split profits and losses equally. On 6/25/X6 AB purchased a building for $80,000 cash plus a $300,000 mortgage. O...
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