Accounting




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accounting exams









    • CommentAuthorbgw
    • CommentTimeApr 22nd 2008 edited
     
    I have been approached by someone wanting to start a L.P. company. They will put up the initial money needed to get started and want me to provide services to actually conduct the business. Then they want to company to pay them back all the money used for start up cost plus interest of 8.5%. How and where do you show a value for my "service" investment? Also, if they are fully paid back, what will their investment be? I am very confused.