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eo 4G TE.d 99%a 8:42 PM Documento (13) - Guardado PROBLEM 9: SOCIETY Raul Rivera and Rigoberto Mendoza decide to form a partnership (partnership) combiningthe
eo 4G TE.d 99%a 8:42 PM Documento (13) - Guardado PROBLEM 9: SOCIETY Raul Rivera and Rigoberto Mendoza decide to form a partnership ("partnership") combiningthe assets of their own businesses Rivera contributes with the following assets Cash (cash) $ 20,000 Accounts receivable (accounts receivable") 170,000 Pravisign foralwace ter doubtful accuts 10,500 loventory"inventory 150,000 Equipmentsquipmst) at yur.cost 200,000 Tbe partngrs aereed: -Not acceat $ 5,000 fron accounts eceivable since tbey hano("worthless') ThatS 12,500 is a reasonable provision for the. uncollectible accounts That the inventory should be recorded at its surrent market value of $ 122,000. That the cauipmsot must be yalued at $ 63,500. Record the iournal eatry of Rivera's investment
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