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Zain and Jana formed a partnership. Zain contributed $ 2 5 , 0 0 0 cash and accounts receivable worth $ 1 1 , 0

Zain and Jana formed a partnership. Zain contributed $25,000 cash and accounts receivable worth $11,000. Jana investment included cash, $5,000; inventory, $18,000; and supplies, $1,000. Prepare the journal entries to record each partner's investment in the new partnership.

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