Moss and Barber organize a partnership on January 1. Moss's initial net investment is $75,000, consisting of cash ( $17,500 ), equipment ($82,500), and a note payable reflecting a bank loan for the new business ($25,000). Barber's initial investment is cash of $31,250. Prepare journal entries to record'(1) Moss's investment and (2) Barber's investment. Journal entry worksheet Moss and Barber organize a partnership on January 1. Moss's initial net investment is $75,000, consisting of cash ( $17,500), equipment ($82,500), and a note payable reflecting a bank loan for the new business ($25,000). Barber's initial investment is cash of $31,250. Prepare joumal entries to record'(1) Moss's investment and (2) Barber's investment. Journal entry worksheet Record the initial investment of Barber: Note: Enter debits before credits