Check my work 5 The Struter Partnership has total partners' equity of $660,000, which is made up of Main, Capital, $462,000, and Frist, Capital $198,000. The partners share net income and loss in a ratio of 71% to Main and 29% to Frist. On November 1, Adison is admitted to the partnership and given a 20% interest in equity and a 20% share in any income and loss. 1.81 points Prepare journal entries to record the admission of Adison for a 20% interest in the equity and a 20% share in any income and loss under the following independent assumptions. (1) Record the admission of Adison with an investment of $165,000 for a 20% interest in the equity and a 20% share in any income (2) Record the admission of Adison with an investment of $200,000 for a 20% interest in the equity and a 20% share in any income (3) Record the admission of Adison with an investment of $135,000 for a 20% interest in the equity and a 20% share in any income eBook and loss and loss and loss Hint Print References View transaction list Journal entry worksheet 2 3 Record the admission of Madison with an investment of $200,000 for a 20% interest in the equity and a 20% share in any income and loss