Harvey and Quick have decided to form a partnership. Harvey is going to contribute the...

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Accounting

Harvey and Quick have decided to form a partnership. Harvey is going to contribute the following to the partnership:
Note payable as a bank loan for the new business
$18,000
$45,000
Equipment
Based on this information, Harvey's beginning equity balance in the partnership will be:
Multiple Choice
$18,000.
$45,000
$63,000
$27,000.
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