Create general journal and balance of each partner contribution. DAVID : Cash Furniture $50,000 10,000 Equipment 30,000 L/T debt 8,000 MIKE Cash Building $ 45,000 300,000 David Dr. Cr. Cr. Dr. Mary Date 2019 Jun. 1 The Start-up of a Partnership Accounts and Explanation Debit Credit Cash Merchandise Inventory Computer Equipment Accounts Payable Bright, Capital ($15,000+ $40,000+$55,000-$80,000) To record Bright's contribution. 15,000 40,000 55,000 80,000 30,000 1 Cash 2,000 Office Furniture 18,000 Gonzalez, Capital ($2,000 +$18,000) 20,000 To record Gonzalez's contribution.