Reno contributed $251,000 in cash plus equipment valued at $22,000 to the RD Partnership. The journal entry to record the transaction for the partnership is Multiple Choice Debit Cash $251.000, debit Equipment $22,000; credit Common Stock $273,000 Debit Cash $251.000, debit Equipment $22,000 credit Reno, Capital $273,000. Debit Cash $251.000, debit Equipment $22,000, credit RD Partnership, Capital $273.000 Debt RD Partnership, Capital $273,000 credit Reno, Capital $273,000. Debit Reno, Capital $273,000; credit RD Partnership, Capital $273,000, Prov 1 of 42 !!! Next >