Suzy copay has owned and operated a proprietorship for several years. On Jan 1, she decides to terminate this business and become a partner in the firm of vopat and sigma. Vopat's investment in the partnership consists of $11,000 in cash and the following: accounts receivable $14200 less allowance for doubtful accounts of $1600, and equipment $19300 less accumulated depreciation of $3500. It is agreed that the allowance for doubtful accounts should be $2400 for the partnership. The fair value of the equipment is $12700

Journalize vopat admission to the firm of vopat and sigma?