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M and P form a partnership in which they will share capital in a 2:3 ratio. M contributes $200,000 in cash. P contributes cash of
M and P form a partnership in which they will share capital in a 2:3 ratio. M contributes $200,000 in cash. P contributes cash of $100,000 and assets having the following fair market values: Inven...
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Survey of Accounting
Authors: Carl S Warren
6th edition
978-113318912, 1133189121, 978-1133189121
