View Policies Current Attempt in Progress Barbara Ripley and Fred Nichols decide to organize the Carla Vista partnership. Ripley invests $13,500 cash and Nichols contributes $9,000 cash and equipment with a cost of $6,300 and accumulated depreciation of $4,500 and a fair value of $2,700. Prepare the entries to record each partner's investment in the partnership. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit (Invested cash in business.) (Invested cash and equipment in business.)