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Hanna contributes $55,000 cash, land that she bought for $195,000, and a building that cost her $140,000 and has been amortized $70,000, to the newly formed partnership of H & B Company. The current market value of the building is $200,000 and has an outstanding mortgage of $100,000. The current market value of the land is $390,000. Barbara contributes $50,500 cash, equipment with a current market value of $80,000 with an outstanding note payable of $15,000, and an automobile with a current market value of $30,000. Barbara originally paid $60,000 for the equipment, which has been amortized $20,000. The partners have agreed to share profits and losses equally. The entry to record the investment by Hanna includes a credit to her capital account for O A. $390,000 OB. $500,000 O C. $545,000 OD. $485.000 Tiffany and Jen are partners with Capital balances of $25,000 and $76,000, respectively. They share profits and losses in a 37:63 ratio. Tiffany and Jen admit Pauline to a 11 percent interest in a new partnership when Pauline invests $10,400 in the business. Journalize the partnership's receipt of Phyllis's investment First compute the bonus to Tiffany and Jen What is the Capital before admitting Phyllis to the partnership? Tiffany, Capital Jen Capital Total Capital before admittance What is the capital balance after admitting Phyllis to the partnership? Partnership Capital before admittance Pauline's investment in the partnership Partnership capital after Pauline is admitted Now calculate the bonus to Pauline Total Capital Percent % = Pauline's portion % = Choose from any list or enter any number in the input fields and then continue to the next question % Now calculate the bonus to Pauline from her addition, Pauline's portion Less Pauline's investment Bonus to the new partner Journalize the partnership's receipt of Pauline's investment. (Record debits first, then credits. Exclude explanations from journal entries. Found your answers to the nearest dollar.) Journal Entry Date Account Debit Credit Hanna contributes $55,000 cash, land that she bought for $195,000, and a building that cost her $140,000 and has been amortized $70,000, to the newly formed partnership of H & B Company. The current market value of the building is $200,000 and has an outstanding mortgage of $100,000. The current market value of the land is $390,000. Barbara contributes $50,500 cash, equipment with a current market value of $80,000 with an outstanding note payable of $15,000, and an automobile with a current market value of $30,000. Barbara originally paid $60,000 for the equipment, which has been amortized $20,000. The partners have agreed to share profits and losses equally. The entry to record the investment by Hanna includes a credit to her capital account for O A. $390,000 OB. $500,000 O C. $545,000 OD. $485.000 Tiffany and Jen are partners with Capital balances of $25,000 and $76,000, respectively. They share profits and losses in a 37:63 ratio. Tiffany and Jen admit Pauline to a 11 percent interest in a new partnership when Pauline invests $10,400 in the business. Journalize the partnership's receipt of Phyllis's investment First compute the bonus to Tiffany and Jen What is the Capital before admitting Phyllis to the partnership? Tiffany, Capital Jen Capital Total Capital before admittance What is the capital balance after admitting Phyllis to the partnership? Partnership Capital before admittance Pauline's investment in the partnership Partnership capital after Pauline is admitted Now calculate the bonus to Pauline Total Capital Percent % = Pauline's portion % = Choose from any list or enter any number in the input fields and then continue to the next question % Now calculate the bonus to Pauline from her addition, Pauline's portion Less Pauline's investment Bonus to the new partner Journalize the partnership's receipt of Pauline's investment. (Record debits first, then credits. Exclude explanations from journal entries. Found your answers to the nearest dollar.) Journal Entry Date Account Debit Credit