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q4 Qu Question 4 1 poin Ahmed, a new partner contributed $70.000 cash plus machines valued at $35,000 to the partnership. This transaction is recorded
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Qu Question 4 1 poin Ahmed, a new partner contributed $70.000 cash plus machines valued at $35,000 to the partnership. This transaction is recorded by the following journal entry: A. Debit Cash $70.000 and Machines $35.000; Credit. Partnership Capita $105,000. (B. Debit: Ahmed Capital $105,000 Credit Cash $70.000 and Machines $35.000 bd Debit Cash $70,000 and Machines $35,000; Credit Ahmed Capital S105.000. D Debit Assets $105.000 Credit Partnership Capital $105,000Step by Step Solution
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