journalize Jesse's investment and Tim's investment

Instructions Chart of Accounts General Journal Instructions Jesse and Tim forma partnership by combining the assets of their separate businesses Jesse contributes accounts receivable with a face amount of SS0,000 and equipment with a cost of $180,000 and accumulated depreciation of $100,000. The partners agree that the equipment is to be valued at $58.000 that $3,500 of the accounts receivable are completely worthless and are not to be accepted TEATTERIT by the partnership, and that $2,000 is a reasonable alowance for the uncolectibility of the remaining accounts receivable. Tim contributes cash of $21,000 and merchandise inventory of 544,500. The partners agree that the merchandise inventory is to be valued at $48,000. Required: Journalize the entries to record in the partnership accounts (a) Jesse's invest Refer to the Gharf of Accounts for exact wording of account titles. General Journal