Aaron and Kim form a partnership by combining the assets oftheir separatebusinesses. Aaron contributes accounts receivable with a faceamount of $50000and equipment with a cost of $180000 andaccumulated depreciation of$100000. The partners agree thatthe equipment is to be priced at $68000 that $3500 of theaccounts receivableare completely worthless and are not to be accepted by thepartnership and that$2000 is a reasonable allowance for the uncollectibility of theremainingaccounts receivable. Kim contributes cash of $21000 andmerchandise inventoryof $44500. The partners agree that the merchandise inventory is tobe priced at$48000. Journalize the entries to record in the partnershipaccounts (a)Aarons investment and (b) Kims investment