Aldar Company and Rag Company decide to merge their proprietorships into a partnership called Aldar Rag Company. The balance sheet of Rag Company shows:

Accounts Receivable $16,500

Less: Allowance for doubtful accounts 2,500 $14,000

Equipment $24,000

Less: Accumulated depreciation 11,000 $13,000

The partners agree that the net realizable value of the receivables is $10,000 and that the fair market value of the equipment is $12,000.

QUESTION: Indicate how the four accounts should appear in the opening balance sheet of the partnership.