vvvvvvvvvvvvvvvvv v vvvvvvv 4. Attempt Both parts a and b a) JD and SF decide to organize the ALL Star partnership. JD invests $15000 cash and SF contributes $10000 cash and equipment having a book value of $3500. Prepare the entry to record SF investment in the partnership assuming the fair value of the equipment to be $5000 b) A company does not segregate sales and sales tax at the time of sale. The register total for March16 is $15540. All sales are subject to a 5% sales tax. Compute sales taxes payable, and make the entry to record sales tax payable and sales. (2.5 Marks)