A, B, and C are partners in MBN firm, the income is divided in the ratio 3:3:2 respectively.

Their capital balances are as follows:

A, OMR 103000

B, OMR 117000

C, OMR 122000

-Assume D is to be admitted into the partnership on investing cash of OMR 18000 for (one third) of capital.

Assume D is to be admitted into the partnership on investing cash of OMR 258000 for (one third) of capital.

Required

(a). Prepare alternative journal entries to record the admission of D.

(b). Prepare alternative journal entries to record Bs retirement.