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. Record Wayne's admission for each of the following independent situations: e. Wayne directly purchases a 25 percent interest by paying Debra $80,800 and Merina $60,200. 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.) View transaction list View journal entry worksheet No Event General Journal A 1 Land Debra, Capital Merina, Capital Debit Credit 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. Record Wayne's admission for each of the following independent situations: f. Wayne invests $80,000 for a 20 percent interest in the total capital of $422,000. (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 Record Wayne's investment of $80,000 for the one-fifth interest given that the total capital is $422,000. Note: Enter debits before credits Event General Journal Debit Credit