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K. Decker, S. Rosen, and E. Toso are forming a partnership. Decker is transferring $54,700 of personal cash to the partnership. Rosen owns land worth

K. Decker, S. Rosen, and E. Toso are forming a partnership. Decker is transferring $54,700 of personal cash to the partnership. Rosen owns land worth $10,700 and a small building worth $77,900, which she transfers to the partnership. Toso transfers to the partnership cash of $13,500, accounts receivable of $28,300, and equipment worth $19,100. The partnership expects to collect $25,470 of the accounts receivable.

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Prepare the journal entries to record each of the partners investments. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Account Titles and Explanation

Debit

Credit

(To record investment of Decker.)

(To record investment of Rosen.)

(To record investment of Toso.)

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What amount would be reported as total owners equity immediately after the investments?
Total owners equity $

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