Register

When forming a partnership, do you record the book value or fair value?

When forming a partnership, do you record the book value or fair value?
asked 46.7k views
1 vote
When forming a partnership, do you record the book value or fair value?

asked
User Halocursed
by
7.7k points

1 Answer

3 votes
You would record the fair value.
answered
User Hisham Hijjawi
by
8.3k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
What is meant by data mining ?
Link Copied!