Ex. 1 A, B, and C are partners in MBN firm, the income is divided in the ratio 4:3:2 respectively. Their capital balances are as follows: A, OMR 235000 B, OMR 144000 C, OMR 231000 -Assume D is to be admitted into the partnership on investing cash of OMR 164000 for (one third) of capital. The partnership agreed to divide income after admission of D in the ratio of 1:2:3:3 -Assume that B will retire after one year from the partnership and that he will be paid OMR 116000 Required (a). Prepare alternative journal entries to record the admission of D. (b). Prepare alternative journal entries to record B's retirement