5. Using the information in question 1 above prepare the entry to record Daniels admission if the bonus method is used. 4. In the AB partnership (to which Daniel seeks admittance), the capital balances of Albert and Bert, who share income in the ratio of 5:3 are: Albert $550,000 Bert $300,000 Based on the preceding information, what amount of goodwill will be recorded if Daniel invests $350,000 for a twenty-five (25%) percent interest? Prepare the journal entry to record the admission of Daniel. Prepare the journal entry to record the admission of Daniel. 5. Using the information in question 1 above prepare the entry to record Daniels admission if the bonus method is used