please anser in the same sequence as photo :)

Mo Mulder and Molly Munchkin operate separate hobby shops. On April 8, 2021, they decide to combine their businesses, which had been operated as proprietorships, to form Mo & Molly Partnership. Information from their separate balance sheets is presented below! Mo's Models Molly's Crafts Cash $7,000 $4,000 Accounts receivable 1,200 700 Allowance for doubtful accounts 200 100 Accounts payable 1,200 500 Equipment 2,000 800 Accumulated depreciation - equipment 600 400 It is agreed that the expected realizable value of Mo's accounts receivable is $700 and Molly's receivables is $500. The fair market value of Mo's equipment is $900 and Molly's equipment is $500. It is further agreed that the new partnership will assume all liabilities of the proprietorships. Prepare the journal entries necessary to record the formation of the partnership. (Credit account titles are autom manually.) Date Account Titles and Explanation Debit Credit Apr 8, 2021 (To record Mo's Models) Apr. 8, 2021 (To record Molly's Crafts)