A and B form the AB partnership. According to the agreement, A contributed $40,000 in cash while B contributed $60,000. Make the journal entries to form the partnership under the following assumptions a The agreement was silent about capital balances b T he agreement specified the capital balances will be allocated equally and the bonus method will be used. b The agreement specified the capital balances will be allocated equally and the goodwill method will be used 2 The partners of the PO partnership agree to admit a new partner "R" into the partnership. Below is the partnership immediately before admitting R information about the 2 Capital balance Profit/Loss sharing ratio $60,000 $40,000 401 60% R agrees to pay $30,000 for a 20 interest in the partnership. Make the journal entry to admit R assuming the payment is made to: a the existing partners and the bonus method is used b the partnership and the bonus method is used the existing partners and the goodxill method is used b the partnership and the goodxi1l mathod is used