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    Financial Accounting Fundamentals Study Set 1
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    Exam 16: Accounting for Partnerships
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    S Reising Contributed $48,000 in Cash Plus Equipment Valued at $73,000
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S Reising Contributed $48,000 in Cash Plus Equipment Valued at $73,000

Question 62

Question 62

Multiple Choice

S. Reising contributed $48,000 in cash plus equipment valued at $73,000 to the Reising Construction Partnership. The journal entry to record the transaction for the partnership is:


A) S. Reising contributed $48,000 in cash plus equipment valued at $73,000 to the Reising Construction Partnership. The journal entry to record the transaction for the partnership is: A)    B)    C)    D)    E)
B) S. Reising contributed $48,000 in cash plus equipment valued at $73,000 to the Reising Construction Partnership. The journal entry to record the transaction for the partnership is: A)    B)    C)    D)    E)
C) S. Reising contributed $48,000 in cash plus equipment valued at $73,000 to the Reising Construction Partnership. The journal entry to record the transaction for the partnership is: A)    B)    C)    D)    E)
D) S. Reising contributed $48,000 in cash plus equipment valued at $73,000 to the Reising Construction Partnership. The journal entry to record the transaction for the partnership is: A)    B)    C)    D)    E)
E) S. Reising contributed $48,000 in cash plus equipment valued at $73,000 to the Reising Construction Partnership. The journal entry to record the transaction for the partnership is: A)    B)    C)    D)    E)

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