Maxwell and Smart are forming a partnership. Maxwell is investing a building that has a...

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Accounting

Maxwell and Smart are forming a partnership. Maxwell is investing a building that has a market value of $95,000. However, the building has a $41,000 note payable that will be assumed by the partnership. Smart is investing $51,000 cash. The balance of Maxwell's Capital account will be:
Multiple Choice
$95,000.
$41,000.
$105.000
$54,000
$44,000.
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