S.Stephens and J.Perez are partners in Space Designs.Stephens and Perez share income equally.D.Fredericks will be admitted to the partnership.Prior to the admission,equipment was revalued downward by $8,000.The capital balances of each partner are $100,000 and $139,000,respectively,prior to the revaluation.Required

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S.Stephens and J.Perez are partners in Space Designs.Stephens and Perez share income equally.D.Fredericks will be admitted to the partnership.Prior to the admission,equipment was revalued downward by $8,000.The capital balances of each partner are $100,000 and $139,000,respectively,prior to the revaluation.Required​

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The Answer of S.Stephens and J.Perez are partners in Space Designs.Stephens and Perez share income equally.D.Fredericks will be admitted to the partnership.Prior to the admission,equipment was revalued downward by $8,000.The capital balances of each partner are $100,000 and $139,000,respectively,prior to the revaluation.Required​

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