Austin Fisher contributed land, inventory, and $36,000 cash to a partnership. The land had a book value

Question:

Austin Fisher contributed land, inventory, and $36,000 cash to a The land had a book value of $120,000 and a market value of $175,000. The inventory had a book value of $50,000 and a market value of $42,000. The also assumed a $35,000 note payable owed by Fisher that was used originally to purchase the land. Provide the journal entry for Fisher's contribution to the Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...