A. The partnership of Hanna, Isabel and Jay has been in RTW business for seven years. On January 2, 20YY, they decided to admit Kaila into the partnership. The adjusted capital balances of each partner at December 31, 20YY were as follows: Hanna, P250,000; Isabel, P300,000 and Jay, P150,000. The partners allocate partnership profits and losses in the ratio of 2:3:5 respectively. Given the preceding data, journalize the following independent transactions: 1. Kaila invests P200,000 cash for a fifteen percent interest in the new firm's capital of P900,000. 2. Kaila invests P150,000 cash in the business and is credited with 20% interest in the new firm's capital of P850,000. 3. Kaila invests P200,000 cash in the business for an 18% interest in the partnership. Kaila invests P 300,000 cash in the business for a 35% interest in the partnership