Moss and Barber organize a partnership on January 1. Moss's initial net investment is $85,000, consisting of cash ($30,000), equipment ($71,000), and a note payable reflecting a bank loan for the new business ($16,000). Barber's initial investment is cash of $38,000. Prepare journal entries to record (1) Moss's investment and (2) Barber's investment. View transaction list Journal entry worksheet < A B Record the initial investment of Moss. Note: Enter debits before credits. Transaction (1) General Journal Debit Credit Record entry Clear entry View general journal >