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    Principles of Accounting Study Set 1
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    Exam 12: Accounting for Partnerships
  5. Question
    Joan Pays Eva $60,000 for Her $40,000 Interest in a Partnership.The
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Joan Pays Eva $60,000 for Her $40,000 Interest in a Partnership.The

Question 90

Question 90

Multiple Choice

Joan pays Eva $60,000 for her $40,000 interest in a partnership.The entry to record the sale on the partnership books is:


A)
Joan pays Eva $60,000 for her $40,000 interest in a partnership.The entry to record the sale on the partnership books is: A)    B)    C)    D)
B)
Joan pays Eva $60,000 for her $40,000 interest in a partnership.The entry to record the sale on the partnership books is: A)    B)    C)    D)
C)
Joan pays Eva $60,000 for her $40,000 interest in a partnership.The entry to record the sale on the partnership books is: A)    B)    C)    D)
D)
Joan pays Eva $60,000 for her $40,000 interest in a partnership.The entry to record the sale on the partnership books is: A)    B)    C)    D)

Correct Answer:

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