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Question 6 Ahmed contributed cash of $20,000 into the partnership. The journal entry to record this transaction is: Cash $20,000 Dr: partnership $20,000 Cr True

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Question 6 Ahmed contributed cash of $20,000 into the partnership. The journal entry to record this transaction is: Cash $20,000 Dr: partnership $20,000 Cr True False 1 points Teve Arm Mariam, Sabah and Fatima are partners with capital balances of $40,000, $60,000 and $50,000 respectively. They find that Afrah, a now partner, is a talented engineer with an experience useful for the company Afrah accepts joining them as a new partner and ready to contributo $10,000 for an equity share of 25% Afrah's capital balance would be OA. $2,500 OB. $10,000 OC$37,500. OD. $40,000

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