8:54 4% At April 30, partners' capital balances in Oriole Partners are Dexter $46,600, Emley $27,560, and Sigle $25,440. The profit-sharing ratio is 5:3:2, respectively. On May 1, the Sheffield Partnership is formed by admitting Watson to the firm as a partner with 20% equity. Watson invests $24.900. Journalize the admission of Watson. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation May 1 8:54 Watson invests $24,900. Journalize the admission of Watson. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation May 1 (To invest cash in business.) eTextbook and Media 8:54 14% Watson invests $37,100. Journalize the admission of Watson. (Creart account tties are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation May 1 (To invest cash in business.) 8:54 Watson invests $10,600. Journalize the admission of Watson. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation May 1 (To invest cash in business.)