Ahmad and Banan have been in partnership, sharing profits and losses in the ratio 3:2. Share capital balances of $100,000 and $80,000, respectively. They agreed to admit Sozan to the partnership, with ownership interest and profits and losses being shared between Ahmad, Banan and Sozan in the ratio 5:3:2. Sozan Invest of $50,000 cash. Required: Prepare the journal entries to record the admission of Sozan: a) Goodwill method Debit Credit b. Bonus method Debit Credit C Focus