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Home Q & A Board Other Fields Homework Help Business Accounting
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sunjx sunjx
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6 years ago
Sasha and Michelle form a partnership. Sasha contributes $13,000 cash and merchandise inventory with a current market value of $3,000. While journalizing this transaction ________.
A) Merchandise Inventory will be credited for $3,000
B) Merchandise Inventory will be debited for $3,000
C) Merchandise Inventory will be credited for $2,200
D) Merchandise Inventory will be debited for $2,200
Textbook 
Horngren's Accounting

Horngren's Accounting


Edition: 11th
Authors:
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foxrcng11foxrcng11
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6 years ago
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sunjx Author
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#2
6 years ago
Oh god, I was lost before coming here. Thanksss
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#3
6 years ago
Great, make sure you mark the topic solved, it hides it from other eyes Slight Smile
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