Business, 17.03.2020 04:59 serenityburke

Rodriguez and Ying start a partnership on July 1, 2019. Rodriguez contributes $ 3 comma 600 cash, furniture with a current market value of $ 48 comma 000, and computer equipment. The computer equipment originally cost $ 48 comma 000 in 2017 with recorded accumulated depreciation of $ 27 comma 000. The current market value of the computer equipment is $ 15 comma 000. At what value should the computer equipment be recorded in the accounting records of the partnership?

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Rodriguez and Ying start a partnership on July 1, 2019. Rodriguez contributes $ 3 comma 600 cash, fu...

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