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Following the establishment of IBM Ventures, Alice contributes $95,000 in cash and $35,000 worth of office furniture, and Bob contributes $65,000 in cash and $25,000
Following the establishment of IBM Ventures, Alice contributes $95,000 in cash and $35,000 worth of office furniture, and Bob contributes $65,000 in cash and $25,000 worth of inventory. Create a balance sheet for the partnership, detailing all assets, liabilities (if any), and partners' equity.
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