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    Business
  3. Study Set
    Principles of Accounting
  4. Exam
    Exam 17: Partnerships
  5. Question
    When a New Partner Invests More Than the Proportionate Share
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When a New Partner Invests More Than the Proportionate Share

Question 1

Question 1

True/False

When a new partner invests more than the proportionate share he or she receives in the partnership, a bonus is recorded to his or her account.

Correct Answer:

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