9. Peter has $44,000 capital and Freida has $25,000 capital in the Peter & Freida partnership. Peter and Freida share profits and losses equally Robby Ricardo contributes cash of $34,000 to acquire a 10% interest in the new partnership Journalize the partnership's receipt of the $34,000 from Ricardo (Record debits first then credits. Select the explanation on the last line of the journal entry table) Date Accounts and Explanation: Debit Credit