Debra and Merina sell electronic equipment and supplies through their partnership. They wish to expand their computer lines and decide to admit Wayne to the partnership. Debra's capital is \(\$ 200,000\), Merina's capital is \(\$ 160,000\), and they share income in a ratio of \(3: 2\), respectively.

\section*{Required}

Record the admission of Wayne for each of the following independent situations:

a. Wayne directly purchases half of Merina's investment in the partnership for \(\$ 90,000\).

b. Wayne invests the amount needed to give him a one-third interest in the capital of the partnership if no goodwill or bonus is recorded.

c. Wayne invests \(\$ 110,000\) for a one-fourth interest. Goodwill is to be recorded.

d. Debra and Merina agree that some of the inventory is obsolete. The inventory account is decreased before Wayne is admitted. Wayne invests \(\$ 100,000\) for a one-fourth interest.

e. Wayne directly purchases a one-fourth interest by paying Debra \(\$ 80,000\) and Merina \(\$ 60,000\). The land account is increased before Wayne is admitted.

f. Wayne invests \(\$ 80,000\) for a one-fifth interest in the total capital of \(\$ 440,000\).

g. Wayne invests \(\$ 100,000\) for a one-fifth interest. Goodwill is to be recorded.