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Exercise 12-4 Recording partnership formation LO P1 Steffi and Leigh form a partnership. Steffi invests $3,000 cash, $4,400 of s value of $5,000, and machinery
Exercise 12-4 Recording partnership formation LO P1 Steffi and Leigh form a partnership. Steffi invests $3,000 cash, $4,400 of s value of $5,000, and machinery with a book value of $7.000 and market record Steffi's investment. plies, inventory with a book value of $5,500 and market of $6,000. Prepare the partnership's journal entry to View transaction list Journal entry worksheet Record Investment of Steffi Note: Enter debits before credits Transaction General Journal Debit Credit
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