Dave Kwan and Emma yin decide to form a general partnership to begin on January 1 2023. Each partner is contributing $22250 equity. Dave contributed a computer worth $3000 and $27000 cash, while Emma contributed office equipment worth $2000 plus $12500 cash. 

What would be included in the journal entry to record the formation of the partnership?

Answer rating: 100% (QA)

The journal entry to record the formation of the partnership would include the contributions made by ... View the full answer