4. James had the following activity to it capital accounting in the SJB partnership:

1) May 15^th: James made a contribution of a building to the Partnership. The building had a BV of $200K and a FV of $400K

2) June 1^st: James made a withdrawal of $5K from the Partnership

3) September 15^th: James made a withdraw of $10K from the Partnership

1. Based on the above, provide the SJB journal entry for May 15^th

(1pt)

2. Based on the above, provide the SJB journal entry for June 1st

(1pt)