Discuss the similarities and difference between accounts receivables, notes receivables and other receivables. Gavin invested $45,000 in the Jason and Kelly partnership for ownership equiry of $45,000. Prior to the investment land was revalued to a marked value of $320,000 from a book value of $200,000. Jason and Kelly share net income in a 1:2 ratio. Provide the journal entry for the revaluation of land. Provide the journal entry to admit Gavin. Identify each of the following as relating to (a) the control environment, (b) risk assessment, or (c) control procedures. Mandatory vacations. Personnel policies Report of outside consultants on future market changes