Len Peters and Beau Silver form a partnership to operate a catering business, called A Catered Affair.
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Len Peters and Beau Silver form a partnership to operate a catering business, called A Catered Affair. Peters invests $20,000 cash and Silver invests $30,000 cash on March 1, 2017. Prepare the journal entry to record the establishment of the partnership.
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2017 Mar 1 Cash Len Pe...View the full answer
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