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On August 25, 2014 Stan Frey, Bonnie Northrup, and Steve Moore formed a partnership called Swan Furnace Cleaners. On this date, Stan Frey invested $11,200

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On August 25, 2014 Stan Frey, Bonnie Northrup, and Steve Moore formed a partnership called Swan Furnace Cleaners. On this date, Stan Frey invested $11,200 Cash and Furniture with a fair value of $21,900. Bonnie Northrup invested $20,000 Cash and Steve Moore invested $2,400 Cash. Prepare the entry recorded by Swan Furnace Cleaners on August 25, 2014. Enter an appropriate description, and enter the date in the format dd/mmm (ie., 15/Jan). General Journal Page GJ31 Date Account/Explanation F Debit Credit

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