Question 7 [5 points] On March 8, 2014 Stan Frey, Frank Levens, and Ryan Player formed a partnership called Schafer Merchandising. On this date. Stan Frey invested $10.600 Cash and Frank Levens invested $18,700 Cash and Equipment with a fair value of $ 13,300. Ryan Player invested $2,700 Cash Prepare the entry recorded by Schafer Merchandising on March 8, 2014 Enter an appropriate description, and enter the date in the format dd/mmm (i e., 15/Jan) General Journal Page GJ31 Date Account Explanation F Debit Credit