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    Fundamental Accounting Principles Study Set 1
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    Exam 12: Accounting for Partnerships
  5. Question
    When a Partner Invests in a Partnership, His/her Capital Account
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When a Partner Invests in a Partnership, His/her Capital Account

Question 129

Question 129

Short Answer

When a partner invests in a partnership, his/her capital account is ________ for the invested amount.

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