Sharon Usher and Leann Gomez agreed on September 1 to go into business as partners. According to

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Sharon Usher and Leann Gomez agreed on September 1 to go into business as partners. According to the agreement, Usher is to contribute $30,000 cash and Gomez is to contribute $50,000 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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