In the ABC partnership (to which Y seeks admittance), the capital balances of Albert 500,000, Bert300,000, and Connell 200,000, who share income in the ratio of 5:3:2. Based on the preceding information, if no goodwill or bonus is recorded, how much should Y invest for a 20 percent interest? A. $400,000 Buestion B. $200,000 C. $300.000 D. $250,000 Select one: A 250000 B. 300000 C. 400000 D. 200000 5 The journal entry if Ahmad and Ali established a new partnership with $60,000 cash divided 4:1 respectively Select one: ut of a. Debit: cash60,000. Credit: Ali capital 48,000 and Ahmad capital 60,000 b. Debit: cash 60,000. Credit: Ahmad capital 48,000 and Ali capital 12,000 question c. Debit: Ali capital 12,000 and cash 48,000. Credit: Ahmad Capital 60,000 d. Debit: Ahmad capital 48,000 and Ali capital 12,000. Credit: cash 60,000 6 IF A & B are two partner, A partner 30,000 capital and the same amount for B. they agree to enter new partner C what are the amount should C pay for having 50% of Total capital out of Select one: a. 30,000 question b. 40,000 C. 80,000 d. 60,000