Joan and Pat had capital balances of $$40,000$ anJoan and Pat had capital balances of $$40,000$ and $$80,000$ respectively when Alice invested $$100,000$ for a $55\%$ ownership of the business. Joan and Pat share profits and losses in a $70$:$30$ ratio. Which statement is correct?

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Joan$$s capital account will be credited for $$14,700.$

Alice$$s capital account will be credited for $$100,000.$

Pat$$s capital account will be debited for $$6,300.$

Pat$$s capital account will be debited for $$10,500.$d $$80,000$ respectively when Alice invested $$100,000$ for a $55\%$ ownership of the business. Joan and Pat share profits and losses in a $70$:$30$ ratio. Which statement is correct?

Select answer from the options below

Joan$$s capital account will be credited for $$14,700.$

Alice$$s capital account will be credited for $$100,000.$

Pat$$s capital account will be debited for $$6,300.$

Pat$$s capital account will be debited for $$10,500.$