4. Each one of Sara. Mathew and David are having his/her own proprietorships. They decided to terminate their individual businesses and form S, M and D partnership on January 1, 2019. Sara is transferring to the partnership cash of $10,000 and an equipment currently worth $ 11,000 which had an Accumulated depreciation of $ 4.000) Mathew is transferring a land worth $ 15,000 to the partnership David is transferring $ 20,000 cash and accounts receivables of $ 17,000] The partnership expects to collect $ 12,000 of accounts receivables. Journalize the transaction for forming this partnership on January 1, 2019. 3.5/4.5 marks) Date Accounts Titles and Explanations Cr. Dr