Able and Cable combine their individual sole proprietorships to start the Able - Cable partnership. Able and Cable invest in the partnership as follows Book Value Fair Value Able Cable Able Cable Cash $21,000 $6,000 $21,000 $6,000 Accounts Receivable 10,000 5,000 10,000 5,000 Allowance for Doubtful Accounts (1,500) (600) (2,100) (900) Equipment 15,000 24,000 13,500 9,000 Accumulated Depreciation (3,000) (9,000) INSTRUCTIONS: PREPARE THE APPROPRIATE jOURNAL ENTRY TO FORM THE PARTNERSHIP