Q1 Ch12 & 13 2 Dave Krug contributed $1,300 cash along with inventory and land to a new partnership. The inventory had a book value of $1,100 and a market value of $2,600. The land had a book value of $1700 and a market value of $5,600. The partnership also accepted a $3,300 note payable owed by Krug to a creditor. Prepare the partnership's journal entry to record Krug's investment. 0043 20 View transactions Journal entry worksheet