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Brent Bosch, Carol Colaw, and Debbie Dole are forming a partnership. Bosch is Transferring $ 60,000 of personal cash to the partnership. Colaw owns land

Brent Bosch, Carol Colaw, and Debbie Dole are forming a partnership. Bosch is Transferring $ 60,000 of personal cash to the partnership. Colaw owns land worth $ 20,000 and a small Building worth $ 80,000, which she transfers to the partnership. Dole transfers to the partnership Cash of $ 11,000, accounts receivable of $ 34,000 and equipment worth $ 21,000. The partnership Expects to collect $ 30,000 of the accounts receivable.

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(a) Prepare the journal entries to record each of the partners' investments

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