Exercise 12-12 (Part Level Submission) S. Pagan and T. Tabor share income on a 7 : 3 basis. They have capital balances of $106,000 and $60,000, respectively, when W. Wolford is admitted to the partnership. Prepare the journal entry to record the admission of W. Wolford under each of the following assumptions. (a) Investment of $93,000 cash for a 30% ownership interest with bonuses to the existing partners. (Credit account titles are automatically indente collapse question part ntered. Do not indent manually.) Account Titles and ExplanationDebit Credit LINK TO TEXT Attempts: 0 of 3 used