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    Fundamental Accounting Principles Study Set 5
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    Exam 12: Accounting for Partnerships
  5. Question
    The Statement of Changes in Partners' Equity Shows the Beginning
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The Statement of Changes in Partners' Equity Shows the Beginning

Question 90

Question 90

True/False

The statement of changes in partners' equity shows the beginning balance in retained earnings, plus investments, less withdrawals, the income or loss and the ending balance in retained earnings.

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