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Dave Krug contributed $2,600 cash along with inventory and land to a new partnership. The inventory had a market value of $5,20 The land had

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Dave Krug contributed $2,600 cash along with inventory and land to a new partnership. The inventory had a market value of $5,20 The land had a market value of $8,200. The partnership also accepted a $4,600 note payable owed by Krug to a creditor. Prepare the partnership's journal entry to record Krug's investment. Journal entry worksheet Note: Enter debits before credits

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