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1 com Maried out of 3400 Pragutin Formation of partnership Assume that two individuals agree to form a partnership. Partner Ais contributing an operating business

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1 com Maried out of 3400 Pragutin Formation of partnership Assume that two individuals agree to form a partnership. Partner Ais contributing an operating business that reports the following balance sheet Cash 314,000 Account paste 542.000 Recent 28.000 2.000 menores 56.000 Total tubes 570.000 Total 3.0 Noutaset 128.000 Partner is contributing cash of 577,000. The partners agree that the initial capital of the partnership should be shared equally prepare the journal entry to record the capital contributions of the partners using both the Bonus Method and the Goodwi Method Description Debit Credit Bonus Mesto Cash 0 Wechat 0 0 0 Accounts payable 0 0 Acres 0 0 0 the Capral D 0 Goodwil Meshod Cat D 0 Recet D Partner B is contributing cash of $77,000. The part partners using both the Bonus Method and the Go Debit Description Bonus Method: Credit Cash 0 Receivables 0 0 0 0 0 0 Accounts payable Accrued liabilities 0 0 0 0 0 Partner B Capital Goodwill Method: Cash Receivables Inventories 0 0 0 0 0 0 Accounts payable Accrued liabilities Partner A Capital 0 0 0 0 0 Check

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