Briyanna and Greg form a partnership and invest the following assets and liabilities.Greg's building is subject to a $40,000 mortgage that is not assumed by the partnership.
In the journal provided prepare the entry to record the formation of the partnership.(Omit explanation. )

Question

Briyanna and Greg form a partnership and invest the following assets and liabilities.Greg's building is subject to a $40,000 mortgage that is not assumed by the partnership.
 In the journal provided prepare the entry to record the formation of the partnership.(Omit explanation. )

Quizplus · Accepted Answer

The Answer of Briyanna and Greg form a partnership and invest the following assets and liabilities.Greg's building is subject to a $40,000 mortgage that is not assumed by the partnership.
 In the journal provided prepare the entry to record the formation of the partnership.(Omit explanation. )

Briyanna and Greg Form a Partnership and Invest the Following