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32. Sennett invests $40,000 for a 20 percent interest in a partnership that has capital totaling $150,000 after admitting Sennett. Which of the following is

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32. Sennett invests $40,000 for a 20 percent interest in a partnership that has capital totaling $150,000 after admitting Sennett. Which of the following is true? a. The original partners received a bonus of $10,000 b. Sennett received a bonus of $10,000 c. Sennett's capital is $40.000 d. The original partners' capital in the business was $120,000 before admitting Sennett 33. W and X are partners who have agreed to admit Y, who will invest $15,000 for a 20 percent interest. The previous capital balances were $15,000 and $30,000 for Wand X, respectively. W and X had shared profits and losses equally. What amount will be recorded in Y's Capital account? a $6,000 credit b. $12,000 credit c. $15,000 credit d. $9.000 credit

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