Rosen and noble decide to organize a partnership rosen

Reference no: EM13592348

Rosen and Noble decide to organize a partnership. Rosen invests $15,000 cash and Noble contributes $12,000 cash and equipment having a book value of $6,000. Choose the entry to record Noble's investment in the partnership assuming the equipment has a fair value of $9,000.

Reference no: EM13592348

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