Required information [The following information apples to the questions displayed below Debra and Merina sell electronic equipment and supplies through their partnership. They wish to expand their computer lines and decide to admit Wayne to the partnership. Debra's capital is $190,000, Merina's capital is $152,000, and they share income in a ratio of 3.2, respectively. e. Wayne directly purchases a 25 percent interest by paying Debra $91,000 and Merina $56,000. The land account is increased before Wayne is admitted. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is complete but not entirely correct. No Event General Jourmal Debit Credit A Land 195,000 Debra, Capital 117,000 Merina, Capital 78,000 B 2 Debra, Capital Merina, Capital 91.000 56,000 Wayne, Capital 147,000 Required information [The following information applies to the questions displayed below Debra and Merina sell electronic equipment and supplies through their partnership. They wish to expand their computer lines and decide to admit Wayne to the partnership. Debra's capital is $190,000, Merina's capital is $152,000, and they share income in a ratio of 3:2, respectively f Wayne invests $77,000 for a 20 percent interest in the.total capital of $419.000, (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet K A Record Wayne's investment of $77,000 for the one-fifth interest given that the total capital is $419,000. Note: Enter debits before credits Event General Journal Debit Credit Decesde us. Cossento Mioweeneret Required information (The following information applies to the questions displayed below Debra and Merina sell electronic equipment and supplies through their partnership. They wish to expand their computer lines and decide to admit Wayne to the partnership. Debra's capital is $190,000, Merina's capital is $152,000, and they share income in a ratio of 3:2, respectively. g. Wayne invests $103,000 for a 20 percent interest, Goodwill is to be recorded, (If no entry is required fora transaction/event. select "No journal entry required" in the first account field.) k View transaction list Journal entry worksheet ences A B Record the admission of Wayne. Note: Enter debits before credits General Journal Event Debit Credit 2 C