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This transaction is recorded by the following journal entry Solve fastttttttttttttttt i need it in 5 minutes Question 9 Ahmed, a new partner, contributed $70,000
This transaction is recorded by the following journal entry Solve fastttttttttttttttt i need it in 5 minutes
Question 9 Ahmed, a new partner, contributed $70,000 cash plus machines valued at $35,000 to the partnership. This transaction is recorded by the A Debit Assets $105.000, Credit Partnership Capital $105,000 8. Debit Cash $70,000 and Machines $35,000, Credit Partnership Capital $ 105,000 OC. Debit Cash $70,000 and Machines $35,000 CreditAhmed Capital $ 105,000 OD. Debit. Ahmed Capital $105,000; Credit: Cash $70,000 and Machines $35,000Step by Step Solution
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