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Dave Krug contributed $1,000 cash along with inventory and land to a new partnership. The inventory had a QS 123 market value of $2,000. The

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Dave Krug contributed $1,000 cash along with inventory and land to a new partnership. The inventory had a QS 123 market value of $2,000. The land had a market value of $5,000. The partnership also accepted a $3,000 note Partnership form payable owed by Krug to a creditor. Prepare the partnership's journal entry to record Krug's investment

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