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Pleasep Please explain clearly why the answer is the correct option Question 10 1/1 pts Trumming and Nancy are successful partners. They share profits and

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Please explain clearly why the answer is the correct option

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Question 10 1/1 pts Trumming and Nancy are successful partners. They share profits and losses equally. Their current capital account balances are $20 and $15 respectively. They decide to admit Tyler to the partnership. Tyler invests $25 for a 25 per cent share of the partnership. The journal entry to admit Tyler will include: O Credit Trumming, capital $10 Correct! Credit Trumming, capital $5 O Debit Cash $15 Debit Tyler, capital $15

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