20. Assume that two individuals agree to form a partnership. Partner A is contributing an operating business that reports the following balance sheet: Cash Receivables Inventories Total assets $120,000 160,000 200,000 $480,000 Accounts payable.$160,000 Accrued liabilities Total liabilities Net assets 120,000 $280,000 $200,000 The partners agree that the initial capital of Partner B is contributing cash of $280,000. the partnership should be shared equally Required: Prepare the journal entry to record the capital contributions of the partners assuming that the partners wish to employ the Bonus Method