On January 1, 2020, Shifra York and Tamara Hadfield formed a partnership. The partners agreed to invest equal amounts of capital. Hadfield invested her proprietorship's assets and liabilities (all accounts have normal balances) as follows: A (Click the icon to view the book and market values of investments.) On January 1, 2020, York invested cash in an amount equal to the current market value of Hadfield's partnership capital. The partners decided that Hadfield would earn two-thirds of partnership profits because she would manage the business. York agreed to accept one-third of profits. During the remainder of the year, the partnership eamed $282,000. Hadfield's withdrawals were $82,000, and York's withdrawals were $62,000 Required Requirement 1. Journalize the partners' initial investments Journalize the investment made by Tamara Hadfield. (Record debits first, then credits. Explanations are not required Investments Journal Entry Date Accounts Debit Credit Hadfield's Current Dec 31 Book Value Market Value Accounts receivable $ 23,000 $ 20,000 51,000 54,000 5,500 4,300 Inventory Prepaid expenses Office equipment Accounts payable 97,000 59,000 49,000 49,000 Now journalize the investment made by Shifra York Print Done ubmit Quiz