A and B are partners with inatial investment of $60,000 and 340,000 respectively. They are (1) C purchased one-half of A's interest for $35,000 cach. Required: Record the admission of under each of the following sepatute cumption (2) C invests cash of $40,000 in the partnership and receives 25% ownership interesse YOUR ANSWER SHOULD BE IN THE FOLLOWING FORM, DO NOT USE BETWEEN Dr. Cash 100000 Cr. Land 100000 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BI VS Paragraph Arial 14px V 11 A Moving to another question will save this response. hp A and B are partners with inatial investment of $60,000 and 340,000 respectively. They are (1) C purchased one-half of A's interest for $35,000 cach. Required: Record the admission of under each of the following sepatute cumption (2) C invests cash of $40,000 in the partnership and receives 25% ownership interesse YOUR ANSWER SHOULD BE IN THE FOLLOWING FORM, DO NOT USE BETWEEN Dr. Cash 100000 Cr. Land 100000 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BI VS Paragraph Arial 14px V 11 A Moving to another question will save this response. hp