Current Attempt in Progress

R. White and B. Martin decide to organize the Blossom Partnership. White contributes $10,500 cash. Martin contributes $2,520 of accounts receivable, of which the partners agree that $2,100 is collectible. Martin will also contribute the amount of cash required so both partners have the same amount in their capital accounts. Prepare the entry to record each partner's investment in the partnership on July 1, 2024. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)

R. White and B. Martin decide to organize the Blossom Partnership. White contributes $10,500 cash. Martin accounts receivable, of which the partners agree that $2,100 is collectible. Martin will also contribute the : both partners have the same amount in their capital accounts. Prepare the entry to record each partner's in partnership on July 1, 2024. (Credit account titles are automatically indented when the amount is entered. Do not . debit entries before credit entries. If no entry is required, select "No Entry" for the account tities and enter ofor the amowizi