Prepare the journal entries to record each of the partners' investments. Credit account titles are automatically indented when
amount is entered. Do not indent manually.
Account Titles and Explanation
Debit
Credit
To record investment of Decker.
To record investment of Rosen.
To record investment of Toso.
eTextbook and Media
Attempts: of used
b
What amount would be reported as total owners' equity immediately after the investments?
Total owners' equity $
eTextbook and Mediaowns land worth $ and a small building worth $ which she transfers to the partnership. Toso transfers to the
partnership cash of $ accounts receivable of $ and equipment worth $ The partnership expects to collect
$ of the accounts receivable.
a
Prepare the journal entries to record each of the partners' investments. Credit account titles are automatically indented when
amount is entered. Do not indent manually.
Account Titles and Explanation
Debit
Credit
To record investment of Decker.
To record investment of Rosen.
To record investment of Toso.
ETexLuouk and Media
Attempts: of used
b
What amount would be reported as total owners' equity immediately after the investments?
Total owners' equity $
eTextbook and Media