Buildings 120000 Stokes, Capital 145000 (To record investment of Stokes.) Cash 14000 Accounts Receivable V 48000 Equipment 28000 Allowance for Doubtful Accounts 3000 87000 Hayes, Capital (To record investment of Hayes.) LINK TO TEXT (b) What amount would be reported as total owners' equity immediately after the investments? Total owners' equity I LINK TO TEXT Atte MacBook Air ** 000 20 non a PRINTER VERSION 4 BACK NEXT Question 4 A. Wiggins, L. Stokes, and K. Hayes are forming a partnership. Wiggins is transferring $75,000 of personal cash to the partnership. Stokes owns land worth $25,000 and a small building worth $120,000, which she transfers to the partnership. Hayes transfers to the partnership cash of $14,000, accounts receivable of $48,000 and equipment worth $28,000. The partnership expects to collect $45,000 of the accounts receivable. Z] your answer has been saved and sent for grading. See Gradebook for score details. Prepare the journal entries to record each of the partners Investments. (Credit account titles are automatically indented when amount is entered. Do not Indent manually.) Account Titles and Explanation Debit Credit Cash 75000 75000 Wiggins, Capital (To record investment of Wiggins.) Land 25000 Buildings 120000 Stokes, Capital (to record investment of Stokes 145000 Cash 14000 Accounts Receivable 48000 Equipment 25000 Allowance for Doubtful Accounts 3000 Hayes, Capital (To record investment of Hayes) 87000 MacBook AS 80 Que DII & DD F7 2 12 $ % & 2 3 4