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5 votes
Sandra and Kelsey are forming a partnership. Sandra will invest a piece of equipment with a book value of $5,000 and a fair market value of $10,900. Kelsey will invest a building with a book value of $33,300 and a fair market value of $77,900.

1. What amount will be recorded to Sandra's capital account?

User Andyvanee
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1 Answer

5 votes

15,900 is my because thats how much only sandra will pay.

User Erkfel
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