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someone please help me out Questo 4 points Save Answer Tim and Michelle have decided to form a partnership with a 60/40 partnership interest ratio.

someone please help me out
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Questo 4 points Save Answer Tim and Michelle have decided to form a partnership with a 60/40 partnership interest ratio. Tim contributes $7500 cash and merchandise inventory with a cost of $1,200 and a market value of $1500, and accounts payable valued at $800. While journalizing this transaction A Tim, Capital will be debited for $8,200 B) Tim, Capital will be credited for $8.200 Tim, Capital will be credited for $8,700 D) Tim, Capital will be debited for 56000 and Michelle, Capital will be debited for $4500

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