The following FAR question is from the Wiley CPA Test Bank for FAR. A partnership is formed by two individuals who were previously sole proprietors.  Property other than cash which is part of the initial investment in the partnership would be recorded for financial accounting purposes at the A: Proprietor’s book values or the fair

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Stephanie is a new weekly Club 75 Blogger as she documents her journey through the CPA Exam. First, a little bit about myself and my journey. I’ve been at the CPA exam for almost 2 years now. I passed my first part, REG, in March (the time the window got extended because of storms) of

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Jay is a weekly columnist as a Club 75 Blogger, where he documents his journey through the CPA Exam. He has been a member of Club 75 since April 2010. Week 30: My daughter’s 4th birthday this weekend was awesome! It went off without a snag and everyone had a blast, most importantly the Birthday

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