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On May 1, 2017, BJ and Paige formed a partnership. Each contributed assets with the following agreed-upon valuations. Cash Equipment Building Loan Payable BJ $80,000

On May 1, 2017, BJ and Paige formed a partnership. Each contributed assets with the following agreed-upon valuations. Cash Equipment Building Loan Payable BJ $80,000 50,000 0 0 PAIGE $20,000 60,000 240,000 100,000 Prepare a separate journal entry to record each partner's contributions.
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On May 1,2017,BJ and Paige formed a partnership. Each contributed assets with the following agreed-upon valuations. Prepare a separate journal entry to record each partner's contributions

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