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Please help asap, Trevor Smith contributed equipment, inventory, and ( $ 49,000 ) cash to a partnership. The equipment had a book value of (

Please help asap,
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Trevor Smith contributed equipment, inventory, and \\( \\$ 49,000 \\) cash to a partnership. The equipment had a book value of \\( \\$ 27,000 \\) and a market value of \\( \\$ 30,000 \\). The inventory had a book value of \\( \\$ 80,000 \\), but only had a market value of \\( \\$ 40,000 \\), due to obsolescence. The partnership also assumed a \\( \\$ 14,800 \\) note payable owed by Smith that was used originally to purchase the equipment. Journalize the entry for Smith's contribution to the partnership. If an amount box does not require an entry, leave it blank

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