M. Richard and S. Collier combine their individual sole proprietorships to start the Richard - Collier partnership. M. Richard and S. Collier invest in the partnership as follows Cash Accounts Receivable Allowance for Doubtful Accounts Equipment Accumulated Depreciation Book Value O Richard, Capital of $44300. O Collier, Capital of $18730. O Collier, Capital of $24830. O Richard, Capital of $43200. The entries to record the investment will include a credit to: Fair Value Richard Collier Richard Collier $21800 $6500 $21800 $6500 10100 4100 10100 (1100) (500) (2120) (870) 14500 23400 13300 9000 (2100) (8300) 4100

M. Richard and S. Collier combine their individual sole proprietorships to start the Richard - Collier partnership. M. Richard and S. Collier invest in the partnership as follows. The entries to record the investment will include a credit to: Richard, Capital of $44300. Collier, Capital of $18730. Collier, Capital of $24830. Richard, Capital of $43200. M. Richard and S. Collier combine their individual sole proprietorships to start the Richard-Collier partnership. M. Richard and S. Collier invest in the partnership as follows The entries to record the investment will include a credit to: Richard, Capital of $44300. Collier, Capital of $18730. Collier, Capital of $24830. Richard, Capital of $43200