Business, 28.07.2021 21:40 Maya629277

K. Decker, S. Rosen, and E. Toso are forming a partnership. Decker is transferring $50,000 of personal cash to the partnership. Rosen owns land worth $15,000 and a small building worth $80,000, which she transfers to the partnership. Toso transfers to the partnership cash of $9,000, accounts receivable of $32,000 and equipment worth $39,000. The partnership expects to collect $29,000 of the accounts receivable. Account Titles and Explanation: Debit Credit
(To record invstment of Decker)
(To record investment of Rosen)
(To record investment of Toso.)
What amount would be reported as total owners?

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K. Decker, S. Rosen, and E. Toso are forming a partnership. Decker is transferring $50,000 of person...

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