QS 12-10 (Algo) Limited liability company (LLC): Admission of new member LO P3 Pena limited liability company (LLC) has two members, Sophia and Maria, who share net income and loss equally. Total equity of the business is $109,000, which is made up of Sophia, Member Equity, of $64,500, and Maria, Member Equity, of $44,500. During the year, Juan invests $34,500 and is admitted to Pena limited liability company (LLC) with a 20% interest in equity and a 20% share in any income and loss. Prepare the entry to record the admission of Juan to the limited liability company (LLC), using the "Juan, Member Equity account. Journal entry worksheet Note: Enter debits before credits