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Mike Derr and Mark Finger form a partnership. Derr contributes the following items (at market value). Prepare the partnerships journal entry to record Derrs investment.
Mike Derr and Mark Finger form a partnership. Derr contributes the following items (at market value). Prepare the partnerships journal entry to record Derrs investment. Cash $ 2,300 Equipment $ 6,300 Accounts payable $ 5,800 Supplies 4,300 Land 9,300 Notes payable 4,400
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