! *E12.12 (LO 4), AP S. Pagan and T. Tabor share income on a 6:4 basis. They have capital balances of $100,000 and $60,000, respectively, when W. Wolford is admitted to the partnership. Instructions Prepare the journal entry to record the admission of W. Wolford under each of the following assumptions. a. Investment of $90,000 cash for a 30% ownership interest with bonuses to the existing partners. b. Investment of $50,000 cash for a 30% ownership interest with a bonus to the new partner. Journalize withdrawal of a partner with payment from partners' personal assets. Pa Tal Inv T