1) A new partner purchases a 25% ownership in an existing partnership: The debit account would be: The credit account would be: A/ 2) A new partner invests cash into the partnership as part of an initial contribution to establish the business: The debit account would be: The credit account would be: 3) The distribution of profit in a partnership: The debit account would be: The credit account would be: A A/ 4) The withdrawing of capital from a partner's account at the time of the closing entries: The debit account would be: A The credit account would be: M A 5) An existing partner invests their personal vehicle into the partnership: The debit account would be: A/ The credit account would be: A