Barton and Fallows form a partnership by combining the assets of their separate businesses. Barton contributes accounts receivable with a face amount of $46,000 and equipment with a cost of $190,000 and accumulated depreciation of $103,000. The partners agree that the equipment is to be valued at $80,000, that $3,600 of the accounts receivable are completely worthless and are not to be accepted by the partnership, and that $1,200 is a reasonable allowance for the uncollectibility of the remaining accounts receivable. Fallows contributes cash of $28,900 and merchandise inventory of $56,500. The partners agree that the merchandise inventory is to be valued at $61,000.

Journalize the entries to record in the partnership accounts (a) Barton's investment and (b) Fallows's investment. If an amount box does not require an entry, leave it blank.