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Mike Derr and Mark Finger form a partnership. Derr contributes the following items (at market value). Prepare the partnership's journal entry to record Derr's investment.
Mike Derr and Mark Finger form a partnership. Derr contributes the following items (at market value). Prepare the partnership's journal entry to record Derr's investment. Cash Supplies $2,200 Equipment 4,200 Land $ 6,200 Accounts payable 9,200 Notes payable $ 5,700 4,300 View transaction list Journal entry worksheet < A Record investment of Derr. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal
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