Hannah Freeman and Hugo Hernandez form a by combining assets of their former businesses.
The following balance sheet information is provided by Freeman, sole proprietorship: Freeman
obtained appraised values for the land and equipment as follows: An analysis of the accounts
receivable indicated that the allowance for doubtful accounts should be increased to $9,110.
Required: On December 31, joumalize the partnership's entry for Freeman's investment. Refer to
the chart of accounts for the exact wording of the account titles. CNOW joumals do not use lines
for joumal explanations. Every line on a joumal page is used for debit or credit entries. CNOW
joumals will automatically indent a credit entry when a credit amount is entered.page is used for
debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount
is entered. All transactions on this page must be entered (except for post ref(s)) before you will
receive Check My Work feedback.