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Business, 10.09.2019 23:30 trentonbaldwin

"forman and berry are forming a partnership. forman will invest a building that currently is being used by another business owned by forman. the building has a market value of $80,000. also, the partnership will assume responsibility for a $20,000 note secured by a mortgage on that building. berry will invest $50,000 cash. for the partnership, the amounts to be recorded for the building and for forman's capital account are:

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