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As part of the initial investment, Jackson contributes accounts recelvable that had a balance of $38,628 in the accounts of a so proprietorship. Of this

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As part of the initial investment, Jackson contributes accounts recelvable that had a balance of $38,628 in the accounts of a so proprietorship. Of this amount, $1,315 is deemed completely worthless. For the remaining accounts, the partnership will establish a provision for possible future uncollectible accounts of $843. The amount debited to Accounts Recelvable for the new partnership is a. $36,470 b. $38,628 c. $37,785 d. 537,313

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