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Nate is investing in a partnership with Deidre. Nate contributes as part of his initial investment, Accounts Receivable of $59600; an Allowance for Doubtful Accounts
Nate is investing in a partnership with Deidre. Nate contributes as part of his initial investment, Accounts Receivable of $59600; an Allowance for Doubtful Accounts of $8100; and $5700 cash. The entry that the partnership makes to record Nates initial contribution includes a
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