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James had the following activity to it capital accounting in the SJB partnership: 1) May 15 th : James made a contribution of a building

James had the following activity to it capital accounting in the SJB partnership:

1) May 15th: James made a contribution of a building to the Partnership. The building had a BV of $200K and a FV of $400K

2) June 1st: James made a withdrawal of $5K from the Partnership

3) September 15th: James made a withdraw of $10K from the Partnership

  1. Based on the above, provide the SJB journal entry for May 15th
  2. Based on the above, provide the SJB journal entry for June 1st

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