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of the partnership and assume unlimited liability Question 7 [5 points) On June 5, 2014 Jan Taylor, and Bonnie Northrup formed a partnership called Biotech

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of the partnership and assume unlimited liability Question 7 [5 points) On June 5, 2014 Jan Taylor, and Bonnie Northrup formed a partnership called Biotech Company On this date, Jan Taylor invested $14.400 Cash and Furniture with a fair value of $9.600 Bonnie Northrup invested $7,700 Cash and Furniture with a fair value of $3,100. Prepare the entry recorded by Biotech Company on June 5, 2014 Enter an appropriate description and enter the date in the format dd/mmm (ie. 15/Jan). General Journal Page GJ31 Date Account Explanation Debit Credit Official Time: 10:18:13 SUBMIT AND MARK Type here to search $19 AM 9 ENG

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