On March 1, 20Y8, Eric Keene and Renee Wallace form a partnership. Keene agrees to invest $23,400 in cash and merchandise inventory valued at $62,600. Wuilace invests certain business assets at valuations agreed upon, transfers business liabilities, and contributes sufticient cash to bring her fotal captal to $60,000. Details regarding the book values of the business assets and liabilities, and the agreed valuations, follow: The Rartiestie agreament includes the following provisions regarding the division of net income interest on originat investments at 10%, salary allowances of 519.000 (Keene) and 324.000 (Wallace), and the remainder equally 2. Prepare a balance sheet as of March 1,20Y8, the date of formation of the partnership of Keene and Wallace. Be sure to complete the statement heading Refer to the Chart of Accounts and the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries Enter current assets in order of liquidity 'Less', Add", or colons () will automatically appear if required. Enter all amounts as positive numbers. $19,000 (Keene) and 124,000 (Wallace), and the remander equaly. Required: amounta as postive numbers. Entries and Balance Shect for Partmership Instructions (X) Journal not 20 Jounathe betr sescemiou Omang tromses tent amoure is evilered