S stephens adn j perez are partners in space designs, Financial Accounting

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S stephens adn j perez are partners in space designs

S. Stephens adn J. Perez are partners in Space designs. Stephens and Perez share income equally. D Fredrick will be admitted to the partnership. Prior to teh admission, equipment was revalued downward by $18,000. The capital balances of each partner are $100,000 adn $139,000, respectively, prior to the revaluation.

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Financial Accounting: S stephens adn j perez are partners in space designs

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