Question: Help Save R. Stetson contributed $14,000 in cash plus office equipment valued at $7,000 to the SJ Partnership. The journal entry to record the transaction

Help Save R. Stetson contributed $14,000 in cash plus office equipment valued at $7,000 to the SJ Partnership. The journal entry to record the transaction for the partnership is Multiple Choice Debit Cash $14,000, debit ofice Equipment $7.000, credit R Stetson, Capital $21,000 Debit Cash $14.000, debit omice Equipment $7.000, credit SJ Partnership, Captail $21,000. Debit SJ Partnership $21,000, credit R. Stetson, Capital $21,000 Debit R. Stetson, Coprtal S21,000. credit SJ Partnership, Copitel $21,000 Debit Cash $14,000, debrt Office Equipment $7000 credt Common Stock $21000. ?Prey 6 of 36 Next > 0 earch

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