Betty invests equipment with a cost of $100,000 and accumulated depreciation of $30,000 in a new partnership. the current value of the equipment is $105,000. the replacement value of the equipment is $135,000. at what amount would the equipment be recorded in betty's capital account?
$100,000
$135,000
$105,000
$70,000
Answers: 2
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Betty invests equipment with a cost of $100,000 and accumulated depreciation of $30,000 in a new par...
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