Problem 2 Partners A and B share income on the 6-4 basis. They have Capital balances of $100,000 and 70,000 respectively, when C is admitted to the partnership Prepare the journal entries to record the entry of "C" from the above. Also, "C" will invest $40,000 for a 30% ownership. Someone is getting extra Debit Credit Account Name Problem 1 Partners A and B share income on the 6.4 basis. They have Capital balances of $100,000 and 70,000 respectively, when C is admitted to the partnership Prepare the journal entries to record the entry of "C" from the above. Also, "C" will invest $100,000 for a 30% ownership Someones are getting extra Debit Credit Account Name