At the start of 2016, Santana Rey is considering adding a partner to her business. She envisions the new partner taking the lead in generating sales of both services and merchandise for Business Solutions. S. Rey's equity in Business Solutions as of January 1, 2016, is reflected in the following capital balance. 80,388 Required 2. Prepare the January 1, 2016, journal entries necessary to admit a new partner to Business Solutions through the purchase of a partnership interest for each of the following two separate cases: (a) 1:1 sharing agreement and (b) 4:1 sharing agreement n list Journal entry worksheet 2 Record the admission of a new partner at a 1:1 ownership interest Date eral Journal 2. Prepare the January 1, 2016, journal entries necessary to admit a n ew partner to B Journal entry worksheet Prepare the January 1. 2016, journal entry required to admit a new partner if the new partner invests cash of $20,095. Journal entry worksheet Record the admission of a new partner with an investment of $20,095. General journar Debit After posting the entry in part 3, what would be the new partner's equity percentage? Equity