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Tom and Jerry Are Two Sole Traders That Have Joined

Question 64

Multiple Choice

Tom and Jerry are two sole traders that have joined together to form a partnership by combining their net assets.
Jerry contributes:
Tom and Jerry are two sole traders that have joined together to form a partnership by combining their net assets. Jerry contributes: The amount credited to Jerry's capital account is: A) $(10 500) . B) $28 500. C) $30 500. D) $32 000.
The amount credited to Jerry's capital account is:


A) $(10 500) .
B) $28 500.
C) $30 500.
D) $32 000.

Correct Answer:

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