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Anty and Jin form an LLC. Jin invests $3,700 cash, equipment with a market value of $6,700, and land with a market value of
Anty and Jin form an LLC. Jin invests $3,700 cash, equipment with a market value of $6,700, and land with a market value of $43,500. Prepare the LLC's journal entry to record Jin's investment. Hint: The LLC records Jin's investment using the "Jin, Member Equity" account. View transaction list Journal entry worksheet < A Record Jin's investment in the LLC. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal
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