A. Veveris and J. Rubenis share profit on a 2:1 basis, respectively. They have capital balances of $ 42,760 and $ 32,240, respectively, when S. Weiss is admitted to the partnership on September 1, 2021.

Prepare the journal entry to record the admission of Weiss under each of the following independent assumptions: (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

1.		Weiss purchases 50% of Ververiss equity for $ 24,220. This is a personal transaction between the partners.
2.		Weiss purchases 25% of Ververiss and Rubeniss equity for $ 14,720 and $ 9,950, respectively. This is a personal transaction among the partners.