Peter and Paul are partners; they share profits and losses equally. Their capital balances are $192 and $132 respectively (all figures are in thousands of dollars). They admit Mary to a 25 per cent share of the partnership.

a Prepare the journal entry or entries if Mary pays $108 to become a partner. b Prepare the journal entry or entries if Mary pays $128 to become a partner. c Prepare the journal entry or entries if Mary pays $38 to become a partner