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50,000 18,000 18,000 C. Hook, Capital Use the following information to answer questions 10 and 11. Mary and Rob share income on a 8: 2

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50,000 18,000 18,000 C. Hook, Capital Use the following information to answer questions 10 and 11. Mary and Rob share income on a 8: 2 basis. They capita when Noelle is admitted to the partnership. have capital balances of $200,00 and $100,000,respectively. journal entry to record the admission of Noelle under each of the following assumptions 10 Investment of $150,000 cash for a 25% ownership interest with bonuses to the existing partners a. Cash 150,000 Noelle Capital ! 150,000 b. Cash 150,000 112,500 Noelle Capital Mary, Capital Rob, Capital 30,000 7,500 112,500 112,500 C. Cash 112,500 30,000 7,500 Noelle Capital d. Cash Mary, Capital Rob, Capital 150,000 Noelle Capital

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