10 Nov As part of the initial investment, a partner contr
As part of the initial investment, a partner contributes office equipment that had cost $20,000 and on which accumulated depreciation of $12,500 had been recorded. If the partners agree on a valuation of $9,000 for the equipment, what amount should be debited to the office equipment account?A. $7,500B. $9,000C. $12,500D. $20,000
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