Moss and Barber organize a partnership on January 1. Moss's initial net investment is $78,000, consisting of cash ($20,000 ). equipment ($76,000), and a note payable reflecting a bank loan for the new business ($18,000). Barber's initial investment is cash of $28,000 Prepare journal entries to record (1) Moss's investment and (2) Barber's investment. Journal entry worksheet