1 Textbook LO 15,2 On May 1, 2022, Dale and Clara formed a partnership. Each contributed assets as under. Prepare a separate joumal entry to record each parther's contributions. \begin{tabular}{|l|l|c|c|c|c|} \hline 3 & & & & & \\ \hline 4 & & Book Value & \multicolumn{2}{c|}{ Fair Value } \\ \hline 5 & & Clara & Dale & Clara & Dale \\ \hline 6 & Cash & 8,000 & & 8,000 & \\ \hline 7 & Equipment, Cost & & 6,800 & & 6,400 \\ \hline 8 & Equipment, Aocumulated Depreciation & & 1,200 & & \\ \hline 9 & Aocounts receivable & & 2,300 & & 1,600 \\ \hline 10 & Allowance for Doubtful Accounts & & 3,00 & & \\ \hline 11 & & 8,000 & 7,600 & 8,000 & 8,000 \\ \hline 12 & & & & \\ \hline \end{tabular} Cash Equipment Accounts Recelvable Ciara, Capital Dale, Capital