Admitting New Partners Who Buy an Interest and Contribute Assets fourth of Chou's interest for $22,400. Clarke contributes $34,500 cash to the partnership, for which she is to receive an ownership equity of $34,500. a1. Journalize the entry to record the admission of Gilbert. For a compound transaction, if an amount box does not require an entry, leave it blank. a2. Journalize the entry to record the admission of Clarke. b. What are the capital balances of each partner after the admission of the new partners