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The post-closing trial balances of two proprletorships on January 1, 2022, are ornunntadihalm. Sorensen and Lucas decide to form a partnership. Sunland Company, with the

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The post-closing trial balances of two proprletorships on January 1, 2022, are ornunntadihalm. Sorensen and Lucas decide to form a partnership. Sunland Company, with the following agreed upon valuations for noncash assets. All cash will be transferred to the parthership, and the parthership will assuine all the liabilities of the two proprietorships

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