Vanessa Kiser and Mariah Newman decide to form a eartreahic by combining the assets of their separate businesses. Kaiser contributes the sollowing assets to the partnership: cash, $24,800; aceounts recelvable with a face amount of $157,390 and an allowance for doubthil accounts of $4,310; merchandise imventory wth a cost of $90,720; and equipmert with a cost of $128,070 and accumsated deprociation of $41,130. uncolect bilfy of the remaining ascounts, that the mechandise imentory is to be reconded at the current market price of $114,480, and that the equprent is to be valued at $91,690. Required: On December 4 , joumalre the partnershp's enty to record Kaiser's imvestment. Refer to the chart of accounts for the exact wording of the account ties. CNOW pumals do not use ines for joumal explanations. Every ine on a joumal page is used for debit or credt entnes. CNOW journa's will automuticaly indent a credit enty when a credi amount is enteved Recording Partner's Original Investment Instructions Chart of Accounts ! Journal All transactions on this poge must be entered (except for post ref(s)) before you will receive Check My Work feedback