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a.b,c formed a partnership w/ the following information:

A, a capitalist partner, is to contribute 600,000

B, a capitalist and industrial partner, is to contribute 200,000

C, an industrial, is to contribute his skill.

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entries: Cash dr: 800,000 A, Capital cr: 600,000 B, Capital cr: 200,000 Memorandum entry - B and C are industrial partners to contribute their skill to the business, they will be receiving a professional fee of xxx.

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