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Journalize partner's original investment
Kevin LaRoche contributed land, inventory, and $28,000 cash to a partnership. The land had a book value of $65,000 and a market value of $135,000. The inventory had a book value of $60,000 and a market value of $51,000. The partnership also assumed a $50,000 note payable owed by LaRoche that was used originally to purchase the land.
Provide the journal entry for LaRoche's contribution to the partnership.
What steps can be taken to loosen the constraint in coating and sharpening and Which product should be emphasized if the constraint in coating and sharpening cannot be loosened?
james manufacturing and technology jmt manufactures private-label small electronic products such as alarm clocks
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