Question: Question 3 Ehsan contributed a building at $22.500 and a land valued at $60,000. The journal entry to record this transaction for the partnership

Question 3 Ehsan contributed a building at $22.500 and a land valued

Question 3 Ehsan contributed a building at $22.500 and a land valued at $60,000. The journal entry to record this transaction for the partnership is OA Ehsan, Capital. 89,100 Building Land 22,500 66,600 OB Building.. 22,500 Land... 66,600 Ehsan, Capital. OC.Ehsan, Capital... Building. Land.. OD.Land.. Building. Partnership Exp. 89,100 89,100 22,500 66,600 22,500 66,600 89,100

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!