ar Todd Stratton has a capital balance of $33,000 Shelley Saxton's balance is $18.000. Joshua Hartt pays $110,000 to purchase Saxton's interest in the Stratton & Saxton partnership Saxton gets the full $110,000 Requirements 1. Joumalize the partnership's transaction to admit Hart to the partnership 2. Must Stratton accept Hartt as a full partner? What rights does Hartt have after purchasing Saxton's interest in the partnership? ne Requirement 1. Journalize the partnership's transaction to admit Hartt to the partnership (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit stal Requirement 2. Must Stratton accept Hartt as a full partner? What nights does Hart have after purctlasing Saxton's interest in the partnership? O A. Stratton must accept Hartt into the partnership. Hartt automatically becomes a partner with the full rights and benefits that any other partner has according to the partnership agreement O B. Stratton must accept Hartt into the partnership. After Hartt purchases Saxton's interest in the partnership, he has up to thirty days to inform the other partners of any changes he would like to make. If these changes are not approved unanimously. Hartt can terminate his purchase into the partnership OC. Stratton has the right to refuse to accept Hartt into the partnership Hartl must go through a thirty day trial period to ensure his ideas of the partnership are similar to the other partners. Any partner who owns more than 50% of the partnership must also agree to accept Hart as a full partner. Partner's owning less than 50% can voice their opinion; however, it is not mandatory to take their vote into account. OD. Stratton has the right to refuse to accept Hart into the partnership After being accepted into the partnership and purchasing the partnership interest of Saxton, Hart has the full rights of a partner However, Stratton has to agree to this change