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CALCULATOR PULL Brief Exercise 12-01 Barbara Ripley and Fred Nichols decide to organize the ALL-Star Prepare the entry to record Nichols's investment in the partnership.

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CALCULATOR PULL Brief Exercise 12-01 Barbara Ripley and Fred Nichols decide to organize the ALL-Star Prepare the entry to record Nichols's investment in the partnership. Ripley invests $19,800 cash, and Nichols contributes $17,000 cash and equipment having a book value af s3,960. partnership, assuming the equipment has a fair value of $5,28D. (Credit account titles are automatically indented when amount es entered. Do not indent manually) Account Titles and Explanation Debit Credit

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