Question
Ron Burgundy and Jack Lime form a partnership called Anchormen United. Ron invests $30,000 worth of cash, and a building that cost him $90,000. The
Ron Burgundy and Jack Lime form a partnership called Anchormen United. Ron invests $30,000 worth of cash, and a building that cost him $90,000. The fair value of the building is $95,000. Jack Lime invests $15,000 in cash, accounts receivable $13,000 less allowance for doubtful accounts of $2,000, and equipment $30,000 less accumulated depreciation of $4,000. The fair value of the equipment is $23,000.
Journalize Ron Burgundys investment in the partnership.
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Journalize Jack Limes investment in the partnership.
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Assessing Organizational Communication Strategic Communication Audits
Authors: Cal W. Downs, Allyson D. Adrian
1st Edition
1593850107, 978-1593850104
