Melissa Shallowford contributod a patent, accounts receivable, and $15,000 cash to a partnership. The patent had a book value of 56,000. However, the technology covered by the patent appeared to have significant market potential. Thus, the patent was appraised at $71,000. The accounts receivable control account was $35,000, with an allowance for doubtfut accounts of $2,000. The partnership olio assumed a $11,000 account payable owed to a Shollowford supplier Required: On December 31, provide the journal entry for Shallowford's contribution to the partnership Rotor to the chart of accounts for the exact wordino of the account titles ONOW journals do not use ines for journal explanations. Every Ave on a journal page is used for debitor credil entries CNOW journals wol automatically indont a credit entry when a credit amount is entered