234561 Partner Ai contributing an operating business that reports the following balance sheet: ASSETS Cash 7 Receivables 8 Inventories 9 10 11 12 Total Assets LIABILITES AND NET ASSETS $ 9,000 Accounts Payable $ 27,000 18,000 Accrued liabilities 18,000 36,000 Total Liabilities $ 45,000 Net Assets $ 18,000 $ 63,000 Total liabilities and net assets $ 63,000 13 141 15 Partner B is contributing cash of $49,500. The partners agree that the initial capital of the partnership should be shared equally. 16 17 Prepare the journal entry to record the capital contributions of the partners using both the Bonus Method. 18 19 20 21 22 23 24 Prepare the journal entry to record the capital contributions of the partners using both theGoodwill Method. 25 26 27 28