The post-closing trial balances of two proprietorships on January 1, 2022, are presented below. All...
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Accounting
The post-closing trial balances of two proprietorships on January 1, 2022, are presented below. All cash will be transferred to the partnership, and the partnership will assume all the liabilities of the two proprietorships. Liabilities and Owners' Equity Accounts Payable Notes Payable $40300 Current Liabilities \( \frac{\square \quad 25100}{\hline} \) wners' Equity ,rensen, Capital $35900 Icas, Capital L Liabilities and Owners' Equity
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