A$.$ FORMATION FOR THE FIRST TIME

What will be the correct Journal Entry to record the Php$\mathrm{.}100,000$ Cash contribution of of Mr$.$ Cruz's into the MAHAL KO SI SIR PARTNERSHIP

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What will be the correct Journal Entry to record the Php$.70,000$ Truck contribution of of Mr$.$ Alba into the MAHAL KO SI SIR PARTNERSHIP?

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Industrial Partner $($has no financial contribution to the Partnership aside from his$/$eer industry$)$

Mr$.$ Jose joined the MAHAL KO SI RI PARTNERSHIP as the Principal Baker. He has no contribution into the Partnershin hut will contribute only his services to the Partnership. Write correct Entry Below: