Question: Question 11 e contributed $140,000 in cash plus office equipment valued at $70,000 to the xyz' Partnership. The journal entry to record the transaction for

Question 11 e contributed $140,000 in cash plus office equipment valued at $70,000 to the xyz' Partnership. The journal entry to record the transaction for the partnership Debit Capital 5210.000 credit XVZ Partnership Capital $210,000. 8. Debit Cash $140,000: debit Omice Equipment 70,000 credit XYC Partnership Capital 210.000 C. Debit xyz Partnership 5210,000 credito Capital 5210,000 D. Debe Cash $140.000 debt Otrice Equipment 570.000 Credit R* Capital 210.000 Moving to another question will save this response

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