Wang and Qinghou decide to merge their proprietorship's into a partnership called WQ Company. The statement of financial position of WQ Co. shows (amounts in thousands):

The partners agree that the net realizable value of the receivables is ¥14,500 and that the fair value of the equipment is ¥11,000. Indicate how the accounts should appear in the opening statement of financial position of the partnership.

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Accounts receivable Less: Allowance for doubtful accounts Equipment Less: Accumulated depreciation-equip. ¥16,000 1,200 ¥14,800 20,000 7,000 13,000