D Question 14 Tito and Vic sell to Joey a 1 3 interest in the TV Partnership Joey will pay Tito and Vic each P100,000 for admission into the partnership Before this transaction, Tito and Vic have capital balances of P150,000 each The journal entry to record the admission of Joey will O show a credit to Joey, Capital for P200,000 not show a debit to Cash O show a debit to Vic Capital for P100,000 show a debit to Cash of P200,000 1 pts Tito and Vic sell to Joey a 1 3 interest in the TV Partnership Joey will pay Tito and Vic each P100,000 for admission into the partnership Before this transaction Tito and Vic have capital balances of P150,000 each The journal entry to record the admission of Joey will show a credit to Joer, Capital for P200,000 not show a debit to Cah show a debit to Vic Capital for P100,000 show a debit to Cath of P200,000 Tito and Vic sell to Joey a 1 3 interest in the TV Partnership Joey will pay Tito and Vic each P100,000 for admission into the partnership Before this transaction Tito and Vic have capital balances of P150,000 each The journal entry to record the admission of Joey will show a credit to Joer, Capital for P200,000 not show a debit to Cah show a debit to Vic Capital for P100,000 show a debit to Cath of P200,000

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D Question 14 Tito and Vic sell to Joey a 1 3 interest in the TV Partnership  Joey will pay Tito and Vic each P100,000 for admission into the partnership  Before this transaction, Tito and Vic have capital balances of P150,000 each  The journal entry to record the admission of Joey will O show a credit to Joey, Capital for P200,000  not show a debit to Cash O show a debit to Vic Capital for P100,000 show a debit to Cash of P200,000  1 pts Tito and Vic sell to Joey a 1 3 interest in the TV Partnership  Joey will pay Tito and Vic each P100,000 for admission into the partnership  Before this transaction  Tito and Vic have capital balances of P150,000 each  The journal entry to record the admission of Joey will show a credit to Joer, Capital for P200,000  not show a debit to Cah show a debit to Vic Capital for P100,000 show a debit to Cath of P200,000  Tito and Vic sell to Joey a 1 3 interest in the TV Partnership  Joey will pay Tito and Vic each P100,000 for admission into the partnership  Before this transaction  Tito and Vic have capital balances of P150,000 each  The journal entry to record the admission of Joey will show a credit to Joer, Capital for P200,000  not show a debit to Cah show a debit to Vic Capital for P100,000 show a debit to Cath of P200,000

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D Question 14 Tito and Vic sell to Joey a 1/3 interest in the TV Partnership. Joey will pay Tito and Vic each P100,000 for

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