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com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession... An eBook Show Me How Print ltem Recording Partner's Original Investment Vanessa Kaiser and...

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com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession... An eBook Show Me How Print ltem Recording Partner's Original Investment Vanessa Kaiser and Mariah Newman decide to form a partnership by combining the assets of their separate businesses. Kaiser contributes the following assets to the partnership: cash, $19,940; accounts receivable with a face amount of $209,370 and an allowance for doubtful accounts of $7,550; merchandise inventory with a cost of $97,330; and equipment with a cost of $171,880 and accumulated depreciation $111,720. The partners agree that $9,210 of the accounts receivable are completely worthless and are not to be accepted by the partnership, that $15,700 is a reasonable allowance for the uncollectibility of the. Please help.

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