Admitting New Partners who buy an Interest and Contributes The capital accounts of Trent Henry and Tim Chou have balances of $122.500 and $3,400, respectively. Lenn e rt and Becky Clarke are to be admitted to the partnership olbert buys one-Enth of Henry's interest for $28.200 and one fourth of Chou's interest for $19.400. Clarke contributes 129.900 cash to the partnership for which she is to receive an ownership equity of $29.900 al. Joumalize the entry to record the admission of Gilbert. For a compound transaction, if an amount box does not require an entry leave it back Trent Henry, Capital Tin Chou, Catal LeAnne Gilbert, Capital a2. Journalize the entry to record the mission of Clarke Becky Clarke, Capital e s of each partner her the son of the new partners b. What are the capital Partner Capital Balance Tim Chow Lene Obert Becky Clarke eBook Show Me How Calculator Printem Admitting New Partners Who Buy an Interest and Contribute Assets and Tim Chou have balances of $122,500 and $88,400, respectively. LeAnne Gilbert and Becky Clarke are to be admitted to ership. Gilbert buys one-fifth of Henry's interest for $28,200 and one-fourth of Chou's interest for $19,400. Clarke contributes $29,900 cash to the partnership, for which she is to receive an ownership equity of $29,900. al. 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. Trent Henry, Capital Tim Chox, Capital LeAnne Gilbert, Capital a2. Journalize the entry to record the admission of Clarke Cash Becky Clarke, Capital b. What are the capital balances of each partner after the admission of the new partners? Partner Capital Balance Trent Hey Tim Chou L e Gabert Bedy Clarke