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ACC101-Test #2 Chapter 18-20 On April 1, 20X1. Lewis Hanson and Shawna Berry formed a partnership. Lewis invested inventory with a current value of $36,000.
ACC101-Test #2 Chapter 18-20 On April 1, 20X1. Lewis Hanson and Shawna Berry formed a partnership. Lewis invested inventory with a current value of $36,000. Shawna invested $10,000 Problem #1. $34,000 cash and merchandise cash and office equipment with a current value of $7,000. Shawna also brought accounts payable amounting to $3,000. Prepare entries in general journal form to record the formation of the partnership on April 1, 20x1. (10pts)
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