2. Luigi and Migdalia formaed a partnership. Migdalia contributed with the following: Cash 20,000 Accounts Receivable 30,000 Inventory 37,500 Supplies 1,500 Land 50,000 Allowances for doubtful accounts 3,000 Accounts Payable 25,000 Instructions: Prepare the journal entry for the formation of the partnership. Date Description General Journal Dr. Cr. 3. Which of the following is a characteristic of a partnership? Cul de los siguientes representa una caracteristica de la sociedad? Marcar con una X. 1. Limitied life (vida limitada) 2. Limited legal liability (responsabilidad limitada) 3. Double taxation (doble tributacin) 4. Unlimited legal liability (responsabilidad ilimitada) 5.Unlimited life (vida ilimitada)