 this presentation we will record journal entries for a new business recording the first contributions by the owners by the partners to the partnership the information will be on the left side we're going to enter that into the journals into the general journal and journal format and then we'll record that to a worksheet so we can see an example of what will happen what will happen very quickly in terms of the capital accounts and what has been put into the business so whenever we start the partnership of course according to whatever agreement the partners come to we're going to have to start off with some capital investments typically to get the business going from the partners so the most common type of capital investment would be to invest cash so we're going to have C investing cash into the company sees the owner so if we invest 10,000 there's not much confusion there of course cash is going up we can go through our series of questions is cash affected