Bob Pillow and Ronald Slate enter into a partnership. On December 1, 201X, Bob invests $6,900 cash
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Bob Pillow and Ronald Slate enter into a partnership. On December 1, 201X, Bob invests $6,900 cash in the partnership. Ronald invests $4,300 cash and store equipment worth $6,400 with accumulated depreciation of $2,100. The equipment has a current appraised value of $9,400. Prepare a journal entry to record this transaction.
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Related Book For 
College Accounting A Practical Approach
ISBN: 9780134729312
14th Edition
Authors: Jeffrey Slater, Mike Deschamps
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