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Multiple Choice Question 68 Brekke and Fig decide to organize a partnership. Brekke invests $30600 cash, and Fig contributes $23000 cash and equipment having a

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Multiple Choice Question 68 Brekke and Fig decide to organize a partnership. Brekke invests $30600 cash, and Fig contributes $23000 cash and equipment having a book value of $13000. Choose the entry to record Fig's investment in the partnership assuming the equipment has a fair value of $18600 Cash 23000 Equipment 18600 Fig, Capital 41600 Cash 23000 Fig, Capital 23000 O Cash 23000 13000 Equipment 36000 Fig, Capital Equipment 13000 Fig, Capital 13000

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