n 30 The journal entry if Ahmad and Ali established a new partnership with $60,000 cash divided equally d out of question Select one: a. Debit: Ahmed capital 30,000 and All capital 30,000. Credit: cash 60,000 b. Debit: cash 60,000. Credit: Ahmed capital 30,000 and All capital 30.000. C. Debit: Ahmed capital 60,000. Credit: All capital 30,000 and cash 30,000 d. Debit. Ali capital 30,000 and cash 30,000. Credit: Ahmed Capital 60,000