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Zenner and Maddox operate a partnership with beginning-year capital balances of $20,000 each. During the year, Kramer joins the partnership by investing $10,000 cash. The
Zenner and Maddox operate a partnership with beginning-year capital balances of $20,000 each. During the year, Kramer joins the partnership by investing $10,000 cash. The journal entry to record Kramer's contribution would include a debit of how much and to which account? Multiple choice question. Cash; for $30,000 Cash; for $10,000 Kramer, Capital; for $10,000 Kramer, Capital; for $30,000
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