Lisa Morris and Joyce Laski agreed on September 1 to go into business as partners. According to

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Lisa Morris and Joyce Laski agreed on September 1 to go into business as partners. According to the agreement, Morris is to contribute $45,000 cash and Laski is to contribute $65,000 cash. Provide a separate journal entry for the investment of each partner.


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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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