B and s formed a partnership. B contributed $8,000 cash and a used truck that originally cost $35,000 and had accumulated depreciation of $15,000. The truck's fair value was $16,000, S contributed a new Building costing $40,000 has a fair value off $55,000 What is the total capital that would recorded to S partner Select one: a. 24,000 b. 43,000 000 C. 28,000 O d. 55.000 The journal entry if Ahmad and Ali established a new partnership with $60,000 cash divided 4:1 respectively Select one: a. Debit: cash 60,000. Credit: Ahmad capital 48,000 and Ali capital 12,000 b. Debit: Ahmad capital 48,000 and All capital 12,000. Credit: cash 60,000 c. Debit: cash60,000. Credit: All capital 48,000 and Ahmad capital 60,000 d. Debit: Ali capital 12,000 and cash 48,000. Credit: Ahmad Capital 60,000