Q2) Identify the principal characteristics of the partnership form of business organization?( 5 points) (3) A, B and C are three partners in partnerships; on 1/1/2020 you got the following information capital Profit loss ratio A 100,000 50% B|80,000 40% C 20,000 10% On the same date they agree to admit Y on partnerships by investing cash $ 60,000 by giving him 20% capital interest and profits Instructions By using goodwill method record the journal entries to admit Y by using ( 9 points) A) Goodwill methods B ) Bonus methods