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please help asap Moss and Barber organize a partnership on January 1. Moss's initial net investment is $76,000, consisting of cash ( $15,000 ), equipme
please help asap
Moss and Barber organize a partnership on January 1. Moss's initial net investment is $76,000, consisting of cash ( $15,000 ), equipme ($71,000), and a note payable reflecting a bank loan for the new business ($10,000). Barber's initial investment is cash of $27,000. Prepare journal entries to record (1) Moss's investment and (2) Barber's investment. Journal entry worksheet Moss and Barber organize a partnership on January 1. Moss's initial net investment is $76,000, consisting of cash ( $15,000), equipment ( $71,000), and a note payable reflecting a bank loan for the new business ($10,000), Barber's initial investment is cash of $27,000. Prepare journat entries to record (1) Moss's investment and (2) Barber's investment. Journal entry worksheet Record the initial investment of Barber: Note: Enter debits before credits Step by Step Solution
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