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    Principles of Accounting Study Set 1
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    Exam 12: Accounting for Partnerships
  5. Question
    When a New Partner Invests Less Than the Proportionate Share
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When a New Partner Invests Less Than the Proportionate Share

Question 108

Question 108

True/False

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

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