A and B are partner with initial investment of S120.000 and $80,000 respectively. They share income and low by 60s for A and 40for B. They scored a new partner in the partiap Required: Record the admission of under each of the following separate sampions 1- C purchased one-half of A's interest for $70,000 cash 2. Ciness cash of $80,000 in the partnership and receives 25% ownership interest in the new partnership YOUR ANSWER SHOULD BE IN THE FOLLOWING FORM DO NOT USE BETWEEN NUMBERS De Cash 100000 Cr. Land 100000 Moving to another question will save this response Question of 12 Question 4 3 points A and me partner with initial investment of S120,000 and 580,000 respectively. They come si low by 60% foe A and 40% for B They come partner in the parmeship Required: Record the admission of under each of the following parte umption 1. purchased one-half of A Winterest for $70.000 cash 2. invests cash of $80,000 in the partnership and receives 25% ownership interest in the new pership YOUR ANSWER SHOULD BE IN THE FOLLOWINO TORN DO NOT UNE BETWEEN NUMUS Dr. Cash 100000 Cr Land 100000 For the toolbar, press ALT+F10 (P) O ALTFN+F10/MC. B 1 Us Paragraph A 14px IE E 2 KO @ Q 2 x X16 + TT 9. D - > > BE 61) cando WOWY P 14 of 12