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EXEACISE 4. Joumal Entries - Cash, non-cash, and infustry conthbutions. Prepue and upload the journal entries to fecord cantributions of Kim and Kristam Tinto the
EXEACISE 4. Joumal Entries - Cash, non-cash, and infustry conthbutions. Prepue and upload the journal entries to fecord cantributions of Kim and Kristam Tinto the partrentig under the followeng independent assimpooas: 1. Chin contribution arrourting to 245.000cach. of P195.000. Kin and Krivhm aereed that esch depreciable asset is overvilued fy PA,000: P295,000 and an unpaid mottgage of P27.500, Ken and Kristam agreed tat buildint h undervalued by 99000 . flativier, was ta coruribute her resertise in materinge
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