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In a partnership, mutual agency means O an act by a partner is judged as binding on other partners depending on whether the act appears

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In a partnership, mutual agency means O an act by a partner is judged as binding on other partners depending on whether the act appears to be appropriate for the partnership. that partners are mutually respectful of each other. O the act of any partner is binding on all other partners, only if partners act within their scope of authlayity. O each partner acts on his own behalf when engaging in partnership business. LTL Less Karen is investing in a partnership with Maria. Karen contributes equipment that originally cost 521200cmount of 512300, and 12700 Theaters to record Karen's contribution includes a debit to Equipment for 521200 O credit to Accumulated Depreciation for $7900 debit to Equipment for $13300 Odebit to Equipment for 517700 Stella Mary invests personally owned equipment, which originally cost $3.500 and has accumulated pro 7000 in the Mothers that the valtthere was 16000 The entry made by the partnership to record Mary's investment should be Equipment 31500 Accumulated Depreciation Equipment 7000 S. Mary, Capital 24500 Equipment Accumulated Depreciation Equipment Gain on Purchase of Equipment S. Mary. Capit 26000 7000 1500 31500 Ement S. Mary. Capital 26000 26000 Equipment S. Mary. Capital 24500 24500 Partner A receives $600 and Partner receives $40.000 in of 10000 profit. Which pression does not reflect the point A00400 300 200 300/5.00 and 2.00/5.00 200:1.00

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