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Moss and Pell Partnership Asset Contribution by M Bilal Saleem is a document available to read on EtoBox.
Amber Moss and Latoya Pell formed a partnership, with Moss contributing cash of $15,000, accounts receivable of $159,000 less $9,700 allowance for doubtful accounts, merchandise inventory with a cost of $100,000, and equipment with a cost of $155,000 less $100,000 accumulated depreciation. The partners agreed to adjust the values of the contributed assets.
- Author
- M Bilal Saleem
- Language
- EN