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Discussion Board Question #1-Assume that you and a friend currently (each) own a business and decide to form a partnership Each business currently has the

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Discussion Board Question #1-Assume that you and a friend currently (each) own a business and decide to form a partnership Each business currently has the following assets, cash, accounts receivable, allowance for doubtful accounts, inventory, prepaid insurance, equipment and accumulated depreciation. Explain the process the both of you will use to determine the asset value that wi be accepted into the partnership. Discuss why this analysis is important to the new partnership. This question is posted in the Week 1 folder. Initial discussion posts must be completed by 11-50

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