Suzy Vopat has owned and operated a proprietorship for several years. On January 1, she decides to terminate this business and become a partner in the form of Vopat and Sigma. Vopat's investment in the partnership consists of $11,200 in cash, and the following assets of the proprietorship: accounts receivable $14,300 less allowance for doubtful accounts of $1,500, and equipment $20,400 less accumulated depreciation of $4,500. It is agreed that the allowance for doubtful accounts should be $2,250 for the partnership. The fair value of the equipment is $12,600. Journalize Vopat's admission to the firm of Vopat and Sigma. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Accumulated Depreciation - Equipment Income Summary Inventory Equipment Net (Loss) Income Salaries Expense Loss on Realization Depreciation Expense Cash Allowance for Doubtful Accounts Accounts Receivable Accounts Payable Notes Payable e Textb Suzy Vopat, Drawings Suzy Vopat, Capital Gain on Realization Save for Attempts: 9 of 1 used Submit