Question: Question 4 ( 1 point ) Listen Investing into a partnership: a ) Requires no journal entries on the company books b ) Requires cash
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Investing into a partnership:
a Requires no journal entries on the company books
b Requires cash to be paid to the partnership and a calculation of the bonus or loss to be paid to the existing owners
c Requires cash to be paid to the partnership with no change to the overall equity of the company
d Is a means to gain ownership in a partnership without changing the overall capital within the partnership
e None of the above
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