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Kaylee and Abbi formed the equal KA Partnership during the current year; Kaylee contributes $100,000 in cash and Abbi contributes land (basis of $60,000, fair
Kaylee and Abbi formed the equal KA Partnership during the current year; Kaylee contributes $100,000 in cash and Abbi contributes land (basis of $60,000, fair market value of $40,000) and equipment (b...
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Financial Accounting
Authors: Robert Kemp, Jeffrey Waybright
2nd edition
978-0132771801, 9780132771580, 132771802, 132771586, 978-0133052152
