please help me I cannot figure out the goodwill,

shows your responses and what was marked correct and incorrect from your previous attempt. A partnership of attorneys in the St. Louis, Missouri, area has the following balance sheet accounts as of January 1, 2021 3 Assets $426,000 Liabilities Athos, capital Porthos, capital Aramis, capital $ 130,00 112,00 102,000 12,000 9.67/10 Donaded Scand According to the articles of partnership. 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 fair value For each of the following independent situations, prepare the journal entry or untries to be recorded by the partnership a. Porthos, with permission of the other partners, decides to selt half of his partnership interest to D'Artagnan for $70,000 in cos. No osset 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 $32,000. Each partner receives a negotiated portion of this amount Goodwill is recorded as a result of the transaction c. D'Artagnan is allowed to become a partner with a 10 percent ownership interest by contributing $40,000 in cash directly into the business. The bonus method is used to record this admission d. Use the same focts as in requirement (except that the entrance into the partnership is recorded by the goodwil method e. Dragnon is allowed to become a partner with a 15 percent ownership interest by contributing $42.000 in cash directly to the business. The goodwill method is used to record this transaction Aramis decides to retire and leave the partnership. An independent appraisal of the business and its assets indicates a current fait value of $366,000. Goodwill is to be recorded Aramis will then be given the exact amount of cash that will close out his capital account Complete this question by entering your answers in the tabs below. Reguda Required to Recured Recured Required D'Artagnan slowed to become a partner with a 15 percent ownership interest by contribuang $42,000 in directly to the business. The goodwill method is used to record this transaction to entry required for a transaction event select Journal entry required in the first account id. Do not found intermediate calculation Round the finalmers to nearest le mounta) and what was marked correct and incorrect from your previous attempt For each of the following independent situations, prepare the journal entry or entries to be recorded by the partnership, 3 9.67/0 boles de a. Porthos, with permission of the other partners, decides to sell hall of his partnership Interest to D'Artagnan for $70,000 in casa. 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 $32,000. Each partner receives a negotiated portion of this amount Goodwill is recorded as a result of the transaction e D'Artagnan is allowed to become a partner with a 10 percent ownership Interest by contributing $40,000 in cash directly into the business. The bonus method is used to record this admission d. Use the same facts as in requirement (except that the entrance into the partnership is recorded by the goodwill method . D'Artagnan is allowed to become a partner with a 15 percent ownership interest by contributing $42.000 in cash direct to the business. The goodwill method is used to record this transaction Aramis decides to retire and leave the partnership. An independent appraisal of the business and its assets indicates a current for value of $366,000. Goodwill is to be recorded. Aramis will then be given the exact amount of cash that will close out his capital account Sporo Complete this question by entering your answers in the tabs below. Required Required Required Required 0 Required D'Artagnan is allowed to become a partner with a 15 percent ownership interest by contributing $42.000 in cash orectly to the business. The goodwill method is used to record this transaction (if no entry is required for a transaction/event, select "No journal entry required in the first account field. Do not round intermediate calculati Round the answers to nearest doar amounts) No Transaction Geral Journas Crude 1 Cash Good D'Artagna, capital 000 Debat 42.000 8700 50.700