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rrent Attempt in Progress Barbara Ripley and Fred Nichols decide to organize the ALL-Star partnership. Ripley invests $19,800 cash, and Nichols contributes $17,000 cash and

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rrent Attempt in Progress Barbara Ripley and Fred Nichols decide to organize the ALL-Star partnership. Ripley invests $19,800 cash, and Nichols contributes $17,000 cash and equipment having a book value of $3,960. Prepare the entry to record Nichols's investment in the partnership, assuming the equipment has a fair value of $5.280. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Debit Credit Account Titles and Explanation Attempts: 0 of 1 used Submit Answer Save for Later

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