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Fast2F Fast2F
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7 years ago
James wants to invest cash so that he will have a one-third interest in Thomas and Stanley's company. The capital balances are $6,000 Thomas, $9,000 Stanley. The admission of James would be to:
A) debit Cash $4,500; credit James, Capital $4,500.
B) debit Cash $3,000; credit James, Capital $3,000.
C) debit Cash $7,500; credit James, Capital $7,500.
D) debit Cash $12,000; credit James, Capital $12,000
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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AugustisAugustis
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7 years ago
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Fast2F Author
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7 years ago
Brilliant ツ
kater28
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Yesterday
Thanks for your help!!
djeghri
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2 hours ago
Helped a lot
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