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Hannah Freeman and Hugo Hernandez form a partnership by combining assets of their former businesses. The following balance sheet information is provided by Freeman, sole
Hannah Freeman and Hugo Hernandez form a partnership by combining assets of their former businesses. The following balance sheet information is provided by Freeman, sole proprietorship: Freeman obtained appraised values for the land and equipment as follows: An analysis of the accounts receivable indicated that the allowance for doubtful accounts should be increased to $7,600. Journalize the partnership's entry for Freeman's investment. If an amount box does not require an entry, leave it blank
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