Required: a. Provide the journal entry for the revaluation of equipment. If an amount box does not require an entry, leave it blank. Equipment Daniel Trenton, Capital Ann Marie Rainwater, Capital Feedback Check My Work a. The accounts should be adjusted for the equipment revaluation. Any net adjustment (increase or decrease) in asset values is divided among the capital accounts of the existing partners, similar to the division of income. b. Provide the journal entry to admit Westbury. If an amount box does not require an entry, leave it blank. Cash Marquis Westbury, Capital