K Decker, S Rosen, and E Toso are forming a partnership Decker is transferring $50,000 of personal cash to the partnership Rosen owns land worth $11,100 and a small building worth $80,400, which she transfers to the partnership Toso transfers to the partnership cash of $10,000, accounts receivable of $32,200, and equipment worth $14,600 The partnership expects to collect $28,980 of the accounts receivable What amount would be reported as total owners equity immediately after the investments Account Titles and Explanation Debit Credit Cash 50,000 Decker, Capital 50,000 (To record investment of Decker ) Land 11,100 Buildings 80,400 Rosen, Capital 91500 (To record investment of Rosen ) Cash 11,100 Accounts Receivable 32,200 Equipment 14,600 Allowance for Doubtful Accounts 3220 Toso, Capital 54680 (To record investment of Toso )

Question

K  Decker, S  Rosen, and E  Toso are forming a partnership  Decker is transferring $50,000 of personal cash to the partnership  Rosen owns land worth $11,100 and a small building worth $80,400, which she transfers to the partnership  Toso transfers to the partnership cash of $10,000, accounts receivable of $32,200, and equipment worth $14,600  The partnership expects to collect $28,980 of the accounts receivable  What amount would be reported as total owners equity immediately after the investments  Account Titles and Explanation Debit Credit Cash 50,000 Decker, Capital 50,000 (To record investment of Decker ) Land 11,100 Buildings 80,400 Rosen, Capital 91500 (To record investment of Rosen ) Cash 11,100 Accounts Receivable 32,200 Equipment 14,600 Allowance for Doubtful Accounts 3220 Toso, Capital 54680 (To record investment of Toso )

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K. Decker, S. Rosen, and E. Toso are forming a partnership. Decker is transferring $50,000 of personal cash to the partnership. Rosen owns land worth

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