Question
On January 1, 2020, Hannah, John, and Marie formed a partnership by all contributing cash. Hannah contributed $65,000, John contributed $30,000 and Marie contributed $45,000.
On January 1, 2020, Hannah, John, and Marie formed a partnership by all contributing cash. Hannah contributed $65,000, John contributed $30,000 and Marie contributed $45,000.
Prepare the journal entries on January 1, 2020 to establish the partnership:
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Government Auditing Standards 2011 Revision
Authors: U. S. Government Accountability Office, Comptroller General Of The United States
1st Edition
1482311372, 978-1482311372
