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Recording Partner's Original Investment Hannah Freeman and and Hugo Hemandez form a partnership by combining assets of their former businesses. The following balance sheet information

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Recording Partner's Original Investment Hannah Freeman and and Hugo Hemandez form a partnership by combining assets of their former businesses. The following balance sheet information is provided by Freeman, sole proprietorship: Hannah Freeman Proprietorship Balance Sheet June 1, 20Y3 Cash $30,650 $57,600 3,400 Accounts receivable Less: Allowance for doubtful accounts Land Equipment Lass: Accumulated depreciation equipment 54,200 138,000

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