K. Kolmer, C. Eidman, and C. Ryno share income on a 5 : 3 : 2 basis. They have capital balances of $25,000, $28,600, and $19,800, respectively, when Don Jernigan is admitted to the partnership. Prepare the journal entry to record the admission of Don Jernigan under each of the following assumptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 5,275.)

(a) Purchase of 50% of Kolmers equity for $18,700. (b) Purchase of 50% of Eidmans equity for $6,200. (c) Purchase of 331/3% of Rynos equity for $12,000.

Account Titles and Explanation Debit Credit

a.

1.

2.

b.

1.

2.

c.

1.

2,