Problem II $-$ PARTNERSHIP FORMATION

Steffi and Leigh form a partnership. Steffi invests $$1,000$ cash, $$2,000$ supplies, inventory with a book value of $$3,500$ and market value of $$3,000,$ and machinery with a book value of $$4,900$ and market value of $$4,000.$

Instructions: Prepare the partnership's journal entries to record Steffi's investment.

Solution Problem II

$\backslash$table$[[$General Journal$],[$Fecha $2023,$Descripci$$n de la Cuenta,D$$bito$,$Cr$$dito$],[,,,],[,,,],[,,,],[,,,]]$