qbteachmt
Level 15

"in this case I should give the joint venture K-1?"

All partners in a partnership get a K-1 for their ownership position in the entity.

"and the joint venture contribution was property and cash"

If that is considered a loan to the partnership, then the JV also gets repaid with interest.

"How will I make the JE for the joint venture company contribution?"

Don't you already have the Deposit of the Cash? You don't include it again in a JE.

And you didn't state which software you are using.

If this is homework, you should not be asking the internet.

*******************************
Don't yell at us; we're volunteers