P12-24A (similar to) Question Help Lelime and Rafferty formed a partnership on March 15, 2018 The purtrers agreed to curlbule egual amounts of capital. Lelime bontributed her cle proprietorship's assets and abilities credit balances in parentheses as follows: B Click the icon to view the dock and market values of the sole proprietorship (Click the loan to view additional Information Read the raquirements. Requirement 1. Journalice lhe porterial contribution Record deuils Trollher edils Select the expansion on the selline of the journal entry table Begin by Jamaizing the contrbution made by Lellma. Date Accounts and explanation Debit Credit A Data Table Mar 15 More Info Lellme's Business Book Value Current Market Value 12.900 $ S 10,500 41,000 31,000 3.100 2,600 43.000 27.000 (28,000) (28,000) On March 15, Ramerty contributed cash in an amount equal to the current marie value of LAITA'A PArnarhin caphal. The partnera decided that Laime Will AAM 50% of partnership profits because she will manage the business Relerty agreed to accept 40% of the profita. During the period ended December 31, the partnership and retirar of 374,000. Lalme's withdrawals were $28,000, and Rafferty's withdrawings tolaled $22.000. Accounts Receivables Merchandise Inventory Prepaid Expansas Store Equipmen. Net Accounts Payable Paint Done Print Done