Karen Schuler and Mary Ryan are partners. To expand the expertise of their business, they have agreed to admit Samuel Wing to the partnership on January 1,2019. The capital account balances on January 1, 2019, after revaluation of assets, are Schuler, $80,000, and Ryan, $60,000. Net income or net loss is shared equally Record the admission of Wing to the partnership on business. (Do not round your intermediate calculations.) Journal entry worksheet Note: Enter debits Jan 01, 2019 0