Question: Prepare the partners capital statement for the year. (List items that increase partners' capital first.) CARLA VISTA CO. Partners' Capital Statement N. Payne A. Dody



Prepare the partners capital statement for the year. (List items that increase partners' capital first.) CARLA VISTA CO. Partners' Capital Statement N. Payne A. Dody Total . Prepare the owners equity section of the balance sheet at December 31, 2020. CARLA VISTA CO. Partial Balance Sheet e Textbook and Media Question 6 of 9 -14 View Policies Current Attempt in Progress Suzy Vopat has owned and operated a proprietorship for several years. On January 1, she decides to terminate this business and become a partner in the form of Vopat and Sigma. Vopat's investment in the partnership consists of $11,800 in cash, and the following assets of the proprietorship: accounts receivable $14, 100 less allowance for doubtful accounts of $1,500, and equipment $20.200 less accumulated depreciation of $4,500. It is agreed that the allowance for doubtful accounts should be $2.250 for the partnership. The fair value of the equipment is $13.400. Journalize Vopat's admission to the form of Vopat and Sigma. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Credit Debit Account Titles and Explanation Jan 1
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