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ontb, 202 Pol MUCIU (OT) (1.12) - Maier Saved Moss and Barber organize a partnership on January 1. Moss's initial net investment is $91,000, consisting

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ontb, 202 Pol MUCIU (OT) (1.12) - Maier Saved Moss and Barber organize a partnership on January 1. Moss's initial net investment is $91,000, consisting of cash ($28,000), equipment ($75,000), and a note payable reflecting a bank loan for the new business ($12,000). Barber's initial investment is cash of $42,000, Prepare journal entries to record (1) Moss's investment and (2) Barber's investment View transaction list Journal entry worksheet A B Record the initial investment of Moss. Note: Enter debits before credits. General Journal Debit Credit Transaction (1) Record entry Clear entry View general Journal Journal entry worksheet Record the initial investment of Barber. Note: Enter debits before credits. Transaction General Journal Debit Credit (2) Record entry Clear entry View general journal

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