Recording Partner's Original Investment Vanessa Kaiser and Mariah Newman decide to form a partnership by combining the assets of their separate businesses. Kaiser contributes the following assets to the partnership: cash, $12,920; accounts receivable with a face amount of $135,660 and an allowance for doubtful accounts of $4,900; merchandise Inventory with a cost of $87,240; and equipment with a cost of $175,770 and accumulated depreciation of $114,250. The partners agree that $5,970 of the accounts receivable are completely worthless and are not to be accepted by the partnership, that $10,170 is a reasonable allowance for the uncollectibility of the remaining accounts, that the merchandise inventory is to be recorded at the current market price of $82,010, and that the equipment is to be valued at $77,520. Journalize the partnership's entry to record Kaiser's investment. If an amount box does not require an entry, leave it blank. Cash Accounts Receivable Merchandise Inventory 12.920 129,690 82,010 77,520 Allowance for Doubtful Accounts 10,170 Equipment Vanessa Kaiser, Capital