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You are the bookkeeper for a new partnership that operates a car wash. The business has two equal partners, Mr$.$ Parker and Ms$.$ Patel. Each partner contributed $$100,000$ to start the business. The business also took out a note payable from the bank for $$100,000.$

Is this statement true?

is this a correct option?

$$ Cash should be debited $$300,000.$

This questian may have more than one sub question which will be delirered one at a time on conflymation af your antiver

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