Penner and torres decide to merge their proprietorships into partnerships called pent or company. the balance sheet of torees co. shows accounts receivable $16,000 less : allowance for doubtful accounts 1,200 14,800 equitment 20,000 less:accumulated depreciation equip 7,000 13,000 the partners agree that the net realizable value of the receivables is 14,500 and that the fair value of the equipment is 11,000 indicate how the accounts should appear in the opening balance sheet of the partnership.