Penner and Torres decide to merge their proprietorships into a partnership called Pentor Company. The balance sheet of Torres Co. shows:
| Accounts receivable |
$31,800 |
| Less: Allowance for doubtful accounts |
2,226 |
$29,574 |
| Equipment |
22,600 |
| Less: Accumulated depreciation-equip. |
7,910 |
14,690 |
The partners agree that the net realizable value of the receivables is $26,712 and that the fair value of the equipment is $12,430. Indicate how the accounts should appear in the opening balance sheet of the partnership.