Business
Business, 27.07.2019 00:30, spacehunter22

On november 1, jackson and kiln formed a partnership with jackson contributing land valued at $100,000 and a building valued at $125,000. kiln contributed $55,000 in cash. the partnership assumed the mortgage on jackson's property of $85,000. profits and losses are to be shared equally. what are the balances of the partner's capital accounts after recording these transactions?

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