Answer: d. $15,000
Izabela’s capital account will be recorded at the fair market value of the assets contributed to the partnership by her. Izabela has contributed equipment with a fair market value of $15,000. Hence, Izabela's capital account will be recorded at $15,000.
tabele and Marta are tuming a partership a fair markat value ol $35.000 abelo vil invest...
Use the information below to answer the question that follow. Sandra and Kelsey are forming a partnership. Sandra will invest a piece of equipment with a book value of $5,800 and a fair market value of $12.800. Kelsey will invest a building with a book value of $40,400 and a fair market value of $53.400 What amount will be recorded to Kelsey's capital account?! a. $5,800 Ob. $12,800 Oc. $53,400 Od. $40,400