Anty and Jin form an LLC. Jin invests $3,000 cash, equipment with a market value of $6,000,

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Anty and Jin form an LLC. Jin invests $3,000 cash, equipment with a market value of $6,000, and land with a market value of $40,000. Prepare the LLC’s journal entry to record Jin’s investment.

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Fundamental Accounting Principles

ISBN: 9781260247985

25th Edition

Authors: John J Wild, Ken Shaw

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Question Posted: Oct 27, 2021 02:47 AM

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Anty and Jin form an LLC. Jin invests $3,000 cash, equipment with a market value of $6,000,

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Fundamental Accounting Principles

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