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26 o 3 Brott and Gregory have partner Capital balances of 182,000 and $148,000, respectively Brett gets 70 percent of profits and losses, and Gregory

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26 o 3 Brott and Gregory have partner Capital balances of 182,000 and $148,000, respectively Brett gets 70 percent of profits and losses, and Gregory gets 30 percent Assume Matthews invests $88,500 to acquire a 20 percent interest in the new partnership of Brett, Gregory, Matthews Is there a bonus? If so, who gets it? Journal the partnership's receipt of cash from Matthews on April 17 Use the following table to show who, if anyone will get a bonus (Round final answers to the nearest whole dollar) Partnership capital before Matthews is admitted Matthew's investment in the partnership Partnership capital after Matthews is admitted Motthews's capital in the partnership Bonus to Joumalize the partnership's receipt of cash from Matthews on April 17 (Record debita first, then credits, Select the explanation on the last line of the Journal entry table. Round final answers to the nearest dollar) Journal Entry Date Accounts Debit Credit Apr 17 Cash Brett Capital Gregory, Capital Matthews Capital To admit Matthews as a partner Choose from any stor enter any number in the input fields and then continue to the question E

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