Dave Krug contributed $$2,100$ cash along with inventory and land to a new partnership. The inventory had a market value of $$4,200.$ he land had a market value of $$7,200.$ The partnership also accepted a $$4,100$ note payable owed by Krug to a creditor.

repare the partnership's journal entry to record Krug's investment.

Journal entry worksheet

A

Record the investment of Krug.

Note: Enter debits before credits.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[1,,,],[,,,],[,,,],[,,,],[,,,]]$