28 (1 point) James Thomas paid $14,000 to Paul Torres for one-half of his interest in the partnership of Thomas and Torres. Torres's capital account balance prior to the purchase was $100,000. What is the entry required in the partnership's accounts to record this transaction? debit Paul Torres, Capital for $14,000; credit James Thomas, Capital for $14,000. debit Paul Torres, Capital for $50,000; credit James Thomas, Capital for $50,000. O debit Paul Torres, Capital for $100,000; credit James Thomas, Capital for $100,000. no entry is necessary the transaction is between Torres and Thomas