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Which of the following choices would be considered a bonus? Recognition is not based on historical cost, and there is no unbiased way to determine
Which of the following choices would be considered a bonus? Recognition is not based on historical cost, and there is no unbiased way to determine the value Reevaluates the partnership assets and liabilities at fair market value Can theoretically be justified if the formation of the new partnership signifies a valid transference of property from the old partnership to the new partnership The new partner's capital balance is set at the appropriate prenegotiated level
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