Q2. In year 2, the partners are planning to accept a new partner (their uncle Qheta).

The partners are studying three options for the new partners

1. Qheta will pay KD 10,000 to Saad for 10% of his interest

2. Qheta will pay KD 20,000 to the company (No bonus or discount to old partners)

3. Qheta will pay KD 40,000 to the company and his ownership will be 20%. The bonus or discount will be distributed equally

a. Record the transaction for each independent option.