ce Assignment/take AssignmentMain.do?invoker=&take AssignmentSessionLocator=&inprogress=false eBook Show Me How Calculator Recording Partner's Original Investment Kimberly Payne and Anonna Maples decide to form a partnership by combining the assets of their separate businesses. Payne contributes the following assets to the partners $20,000; accounts receivable with a face amount of $145,000 and an allowance for doubtful accounts of $4,200; merchandise inventory with a cost of $92,000; and equipmel $136,000 and accumulated depreciation of $45,000. The partners agree that $5,000 of the accounts receivable are completely worthless and are not to be accepted by the partnership, that $4,400 is a reasonable allowance for th uncollectibility of the remaining accounts, that the merchandise inventory is to be recorded at the current market price of $101,700, and that the equipment is to be valued at Journalize the partnership's entry to record Payne's investment. For a compound transaction, if an amount box does not require an entry, leave it blank. Cash Check My Work Ne All work saved. Email Instructor Save and Exit Sub Assignment for G 21:00 2020/1/11