Published by admin at September 1, 2023 Fair Market Value Cash $30,000 $30,000 Accounts Receivable 0 60,000 Total Assets $30,000 $90,000 Capital – Betty $10,000 $30,000 Capital – Carry 10,000 30,000 Capital- Darry 10,000 30,000 Distribution of one-half of the receivables to Betty: Betty’s interests before […]