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A Moving to another question will save s PUNE 4 points Save Answer Question 7 Zahra and Batool are partners In Z&B Partnership with Initial Investment of $360,000 and $240,000, respectively. They share Income and loss by 3:2 ratio, respectively. They accepted Mariam as a new partner in the partnership. Required: Prepare Journal entries to record the admission of Mariam who invests cash of $160,000 in the partnership and receives 25% ownership interest in the new partnership. TK > !!! > ABC YOUR ANSWER SHOULD BE IN THE FOLLOWING FORM; DO NOT USE "," BETWEEN NUMBERS: Dr. Cash 100000 Cr. Land 100000 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI S Paragraph Arial 10pt 6 Q E > E X X > TT TT Ex: * {;) - +] H O WORDS POWERED BY TINY