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Journalize the payments to the partners ment o Martinez and Kemdall Balance Sheet June 30, 2018 Assets Liabilities Cash 18,000 Accounts Payable 10.000 Non-cash Assets

Journalize the payments to the partners

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ment o Martinez and Kemdall Balance Sheet June 30, 2018 Assets Liabilities Cash 18,000 Accounts Payable 10.000 Non-cash Assets 13,500 Partners' Equity Martinez, Capital 9.500 Kemdall, Capital 12,000 Total Partners' Equity 21.500 31,500 31.500 Total Assets Total Liabilities and Partners' Equity

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