Problem 12-4A At April 30, partners' capita baances in PDL Company are G. Donley $53,600, C. Lamar $50,000, and . Pinkston $19,400. 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. 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 $15,400 in cash (2) Terrell purchases 331/3% of Lamar's ownership interest by paying Lamar $15,600 in cash (3) Terrell invests $60,200 for a 30% ownership interest, and bonuses are given to the old partners. (4) Terrell invests $41,400 for a 30% ownership interest, which includes a bonus to the new partner No. Account Titles and Explanation Debit Credit 1. 2. 3. 4. Problem 12-4A At April 30, partners' capita baances in PDL Company are G. Donley $53,600, C. Lamar $50,000, and . Pinkston $19,400. 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. 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 $15,400 in cash (2) Terrell purchases 331/3% of Lamar's ownership interest by paying Lamar $15,600 in cash (3) Terrell invests $60,200 for a 30% ownership interest, and bonuses are given to the old partners. (4) Terrell invests $41,400 for a 30% ownership interest, which includes a bonus to the new partner No. Account Titles and Explanation Debit Credit 1. 2. 3. 4