View Policies Current Attempt in Progress Michelle Hamilton and Bill Rossi decide to form a partnership. Hamilton invests $36,300 cash and accounts receivable of $30,000 less allowance for doubtful accounts of $2,000. Rossi contributes $26,000 cash and equipment having a $6,800 book value. It is agreed that the allowance account should be $3.600 and the fair value of the equipment is $10,900. Prepare the necessary journal entry to record the formation of the partnership. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually. List all debit entries before credit entries) Account Titles and Explanation Debit Credit