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Accounting help please PR 12-1A Entries and balance sheet for partnership OBJ. 2 On March 1, 2016, Eric Keene and Abigail McKee form a partnership.

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PR 12-1A Entries and balance sheet for partnership OBJ. 2 On March 1, 2016, Eric Keene and Abigail McKee form a partnership. Keene agrees to invest $21,100 in cash and merchandise inventory valued at $55,900. McKee invests certain business assets at valuations agreed upon, transfers business liabilities, and contributes sufficient cash to bring her total capital to $60,000. Details regarding the book values of the business assets and liabilities, and the agreed valuations, follow: (Continued)

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