Business, 14.05.2021 18:10 PLEASEHELP4528

Horton invests personally owned equipment, which originally cost $110,000 and has accumulated depreciation of $30,000 in the Horton and Matile partnership. Both partners agree that the fair value of the equipment was $60,000. The entry made by the partnership to record Horton's investment should be

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Horton invests personally owned equipment, which originally cost $110,000 and has accumulated deprec...

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