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    Business
  3. Study Set
    Fundamental Financial Accounting Concepts
  4. Exam
    Exam 11: Proprietorships,partnerships,and Corporations
  5. Question
    A Separate Capital Account Would Be Maintained for Each Partner
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A Separate Capital Account Would Be Maintained for Each Partner

Question 120

Question 120

True/False

A separate capital account would be maintained for each partner in a partnership.

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