Angela Moss and Autumn Barber organize a partnership on January 1. Moss's initial net investment is $81,000, consisting of cash ($30,000), equipment ($69,000), and a note payable reflecting a bank loan for the new business ($18,000). Barber's initial investment is cash of $40,000. These amounts are the values agreed on by both partners.

Prepare journal entries to record (1) Mosss investment and (2) Barbers investment.