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Nate is investing in a partnership with Deidre. Nate contributes as part of his initial investment, Accounts Receivable of $60,000; an allowance for...
Nate is investing in a partnership with Deidre. Nate contributes as part of his initial investment, Accounts Receivable of $60,000; an allowance for doubtful accounts of $9,000; and $6,000 cash. The entry that the partnership makes to record Nate in