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X Your answer is incorrect. Nate is investing in a partnership with Deidre. Nate contributes as part of his initial investment, Accounts Receivable of $59400;

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X Your answer is incorrect. Nate is investing in a partnership with Deidre. Nate contributes as part of his initial investment, Accounts Receivable of $59400; an Allowance for Doubtful Accounts of $9400; and $5300 cash. The entry that the partnership makes to record Nate's initial contribution includes a debit to Allowance for Doubtful Accounts for $9400. credit to Nate, Capital for $55300. credit to Nate, Capital for $64700, debit to Accounts Receivable for $50000 e Textbook and Media

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