Partners Capital Balance in Pharoah Company? (9)?

At April 30, partners' capital balances in Pharoah Company are G. Donley $46,800, C. Lamar $43,200, and J. Pinkston $16,200. The income sharing ratios are 5: 4:1, respectively. On May 1, the PDLT Company is formed by admitting J. Terrell to the firm as a partner. (a) Journalize the admission of Terrell under each of the following independent 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.) (1) Terrell purchases 50% of Pinkston's ownership interest by paying Pinkston $14,400 in cash. (2) Terrell purchases 33/ 3% of Lamar's ownership interest by paying Lamar $13,500 in cash. (3) Terrell invests $55,800 for a 30% ownership interest, and bonuses are given to the old partners. Terrell invests $37,800 for a 30% ownership interest, which includes a bonus to the new partner. (4) No. Account Titles and Explanation N Debit Credit 3. (b) Lamar's capital balance is $28,800 after admitting Terrell to the partnership by investment. If Lamar's ownership interest is 20% of total partnership capital, what were (1) Terrell's cash investment and (2) the bonus to the new partner? (1) Terrell's cash investment (2) Bonus to new partner eTextbook and Media