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If a partner's capital account is credited with the amount that he or she contributed in cash, which of the following financial statements will be affected? A. the bank rec…
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If a partner's capital account is credited with the amount that he or she contributed in cash, which of the following financial statements will be affected? A. the bank rec…
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Nov 25, 2024
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If a partner's capital account is credited with the amount that he or she contributed in cash, which of the following financial statements will be affected?
A. the bank reconciliation statement.
B. the interest payment schedule.
C. the statement of partners' equity.
D. the withdrawal statement.
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Answer:
c
Step-by-step explanation:
BC if she/he contributed little she gets little
Leang Socheat
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Dec 2, 2024
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Leang Socheat
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