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6) Rodriguez and Ying start a partnership on July 1, 2019. Rodriguez contributes $4100 cash, furniture with a current market value of $47,000, accounts payable
6) Rodriguez and Ying start a partnership on July 1, 2019. Rodriguez contributes $4100 cash, furniture with a current market value of $47,000, accounts payable with a current market value of $16,000 and equipment with a current market value of $23,000. Which of the following is the correct journal entry to record Rodriguez's partnership investment? +A) Cash 4100 Furniture 47,000 Equipment 23,000 Accounts Payable 16,000 Cash Furniture Equipment Accounts Payable 4100 47,000 23,000 16,000 90,100 4100 47,000 23,000 16,000 58,100 4100 Rodriguez, Capital B) Cash Furniture Equipment Accounts Payable Rodriguez, Capital C) Cash Furniture Equipment Accounts Payable Rodriguez, Capital D) Accounts Payable Rodriguez, Capital Cash Furniture Equipment 47,000 23,000 16,000 12.100 16,000 58,100 41001 47 000 23,000
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