need help with D, E and F please
Journal entry worksheet 1 Record the cash received from new partner and goodwill distribution to old partners. Note: Enter debits before credits. A partnership of attorneys in the St. Louis, Missoun, area has the following balance sheet accounts a5 of January 1, 2021: According to the articles of portnership. Athos is to receive an allocation of 50 percent of all partnership profits and losses, while Porthos receives 30 percent, and Aramis, 20 percent. The book value of each asset and liability should be considered an accurate representation of fas value. For each of the following independent situations, prepare the journal entry or entries to be recorded by the partnership. a. Porthos, with permission of the other partners. decides to sell half of his partnership interest to D'Artagnan for $78,000 in cash No asset revaluation or goodwill is to be recorded by the partnership b. All three of the present partners agree to sell 10 percent of each partnership interest to D'Artagnan for a total cash payment of $35.000 Each partner recelves a negotiated portion of this amount. Goodwill is recorded as a result of the transaction c. DArtagnan is allowed to become a partner with a 10 percent ownership interest by contributing $45,000 in cash directly into the business. The bonus method is used to record this admission. d. Use the same facts as in requirement (c) except thot the entrance into the partnership is recorded by the goodwill method. e. DArtagnan is allowed to become a partner with a 16 percent ownership interest by contributing $50,000 in cash directly to the business. The goodwill method is used to record this transaction. f. Aramis decides to retire and leave the portnership. An independent oppraisol of the business and its assets indicates a current fair value of $372.000 Goodwill is to be recordod. Aramis will then be given the exact amount of cosh that will close out his capital account Complete this question by entering your answers in the tabs below. D'Artagnan is allowed to become a partner with a 16 percent ownership interest by contributing $50,000 in cash directly to the business. The goodwill method is used to record this transaction. (If no entry is required for a transaction/event, select "No foumal entry required" in the first account field. Do not round intermediate calculations. Round the final answers to aearest dollar amounts.) Journal entry worksheet 1 Record the investment by new partner. Note: Enter debits before credits. Required A Aramis decides to retire and leave the partnership. An independent appraisal of the business and its assets indicates a current fair value of $372,000. Goodwill is to be recorded. Aramis will then be given the exact amount of cash that will close out his capital account. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the excess goodwill to old partners. Note: Enter debits before credits